Mubadala, the Abu Dhabi strategic investment company, and Temasek, a Singaporean wealth fund, are said to be among shareholders looking to sell their stakes in Dunia Finance, a personal finance company based in the nation’s capital.
The sale might attract a bidding war from banks seeking to tap high-yielding individual customers. One shareholder may buy the others out or the company may be sold to the public in an initial public offering, according to analysts.
Together, Mubadala and Temasek command a controlling stake in Dunia Finance with 31 per cent and 40 per cent, respectively, according to the website of Waha Capital, another shareholder that owns 25 per cent of Dunia.
http://www.thenational.ae/business/banking/mubadala-among-shareholders-hoping-to-sell-dunia-finance-stakes
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