Sovereign funds back private utility Utico in UAE

January 4, 2017

Asma Capital has paid $147 million for a "significant minority stake" in Utico, the United Arab Emirates' only private utility, reports Reuters.

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Sovereign funds back private utility Utico in UAE
Sovereign funds back private utility Utico in UAE

Asma Capital has paid $147 million for a "significant minority stake" in Utico, the United Arab Emirates' o...