Mubadala seeks liquidity partners for new Brazil bourse

The sovereign wealth fund of Abu Dhabi is looking for partners able to bring liquidity to the project of a new Brazilian stock market.

Mubadala seeks liquidity partners for new Brazil bourse

Mubadala Investment Company, Abu Dhabi’s sovereign wealth fund, is in talks to form a consortium with up to 10 partners providing liquidity for a new stock exchange in Rio de Janeiro, two people familiar with the matter said. In return, those partners would receive equity that would modestly dilute Mubadala’s current 73 percent stake in the planned bourse, to be called the Base Exchange, the sources said, noting that the fund would remain as the…

Mubadala Investment, Abu Dhabi's sovereign fund, is in talks with world banks and other institutions to form a consortium with up to 10 partners that provide liquidity for a new stock exchange in Rio de Janeiro, two people familiar with the issue said.In return, those partners would receive capital that would modestly dilute Mubadala's current 73% share in the Stock Exchange project, which will be called Base Exchange, said the sources, noting t…

Abu Dhabi Fund would remain the controller of the new Exchange, which will be called Base Exchange