The investment arm of the Abu Dhabi government - International Petroleum Investment Company (IPIC), has borrowed a US$5 bln syndicated loan to aid in payment for the acquisition of Nova-Canada’s largeest chemical maker and to increase stake in Spain’s Compañia Española de Petroleos (Cepsa).
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Monday, July 06, 2009
IPIC borrows US$5 bln for acquisition of Nova and increase stake in Cepsa
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