Mubadala acquires Istithmar's stake in SR Technics Group

15 June 2009

Mubadala Development, an investment arm of the Abu Dhabi government, has raised to 70% its stake in SR Technics Group when it bought the Dubai government-owned Istithmar's 30% stake in the Swiss provider of technical services for the aviation industry, Bloomberg reported. Dubai Aerospace Enterprises continues to hold the remaining 30%, Mubadala said.

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