In a rare deal in Malaysia’s subdued secondary market, sovereign wealth fund Mubadala Investment trimmed its stake in RHB through a $149 million block trade.
The Government of Singapore Investment Corporation, China Investment Corporation and Abu Dhabi Investment Council make their first foray into Latin America by participating in a $1.8 billion investment in Brazilian financial services firm BTG Pactual.
Abu Dhabi state-owned company Advanced Technology Investment Company offers to buy 100% of Singapore-based foundry Chartered Semiconductor Manufacturing at a firm value of $3.9 billion.
Barclays shareholders lap up $754 million worth of reserve capital instruments, but the outcome of a forthcoming vote on the investment by Abu Dhabi- and Qatar-based investors is still unclear.
Middle East investors provide the UK bank with more cash, but the high cost of the $11.4 billion capital injection raises questions about whether government funding would have been preferable.
GE will partner with the sovereign wealth fund in areas such as clean energy, aviation and financial services, in a deal that will make Mubadala a top 10 shareholder in GE.