Investments by Mubadala, created in 2002, include Globalfoundries Inc., a California maker of semiconductors
The Eurozone has finally seen some growth, notwithstanding populism, political issues, Brexit and Catalonia. Actually, the economic numbers in Europe are positive and frequently surprise analysts on the upside.
Mubadala is working with Cepsa’s management “to assess a range of strategic options” including a listing, strategic partnerships and the involvement of other investors, a spokesman for the firm said in response to queries.
The announcements capped a three-week visit to Houston by Mohammed bin Salman, Saudi Arabia's crown prince, during a boom in U.S. oil and gas production largely driven by West Texas shale drilling.
Beyond its technology investments, ADFG has also aquired an extensive real estate portfolio in the UAE, UK and Eastern Europe.