Apollo takes stake in Mubadala Capital
Apollo will buy nearly 10% of Abu Dhabi's Mubadala Capital.
Why it matters
Deepens Gulf-Wall Street capital ties.
Background
Mubadala is Abu Dhabi's state investor.
The story so far
- UAE agrees with Saudi Arabia to re-enter Yemen conflict
- Apollo takes stake in Mubadala Capital
- US to mediate Ukraine-Russia talks in Abu Dhabi Nov. 10-11
- US, Russia and Ukraine to hold talks in Abu Dhabi
- IEA: UAE to lead world solar output by 2031
Sources
- CNBC ↗Oct 26, 11:19 AM ET
- The National ↗Oct 26, 2:41 PM ET
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