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29.06 - 07:41
How Abu Dhabi’s wealth fund made a play for Lazard
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fnlondon.comADQ, Abu Dhabi’s sovereign wealth fund, had Wall Street investment bank Lazard in its sights earlier this year, with ambitions to take the lender private.
The discussions were held between Lazard’s outgoing CEO Ken Jacobs and ADQ’s chair Sheikh Tahnoon bin Zayed al-Nahyan.
The talks however fell apart, with both sides walking away from any...
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