(MENAFN) UAE-based Mubadala Development Co. proclaimed that its fiscal investment arm has exposed an USD2.5bn investment deal with French private equity firm Ardian.
Meanwhile, Ardian will invest USD1.75bn in order to acquire a majority share in a current USD2.5bn Mubadala Capital private equity portfolio.
Moreover, Ardian, which manages almost USD60bn worth of assets, will also invest USD750mn in a new USD1.5bn portfolio established by Mubadala Capital.
In addition, the new fund will focus on partnering with best-in-class management and investment teams amid multiple sectors, involving sports, media, energy and others.
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