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Wednesday, February 10 - 2010

Kuwait eyes Visa IPO

  • Kuwait: Thursday, March 06 - 2008 at 13:22

Kuwait's sovereign wealth fund, the Kuwait Investment Authority, may invest in the Visa Inc initial public offering, reported al-Qabas newspaper. Visa has announced plans to raise up to $18.8bn in the largest US IPO, while KIA has said it is interested in investing in financial services and real estate companies in the US and Europe.

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