EIA acquires 10.22% stake in 'du'


DUBAI, 16th June, 2019 (WAM) - Emirates Investment Authority, EIA, has increased its stake in Dubai-based firm Emirates Integrated Telecommunications Company, du.

The UAE sovereign wealth fund acquired 463.263 million shares from Mamoura Diversified Global Holding PJSC and General Investments FZE in a special deal. This latest move represents nearly 10.22 percent of du's issued share capital.

WAM/Nour Salman/MOHD AAMIR