Mubadala halts Abraaj buyout talks in new blow to the PE firm

Mubadala halts Abraaj buyout talks in new blow to the PE firm

Photographer: Jonathan Drake/Bloomberg News

Abu Dhabi state investor Mubadala has halted talks to buy Abraaj‘s investment business, two sources said, in a blow to the private equity firm which is facing an investigation by investors into how it used some of their money.

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