Financial and Banking News
ADIA Buys 5% of CFP-Total
The Abu Dhabi Investment Authority (ADIA) has taken a stake of more than 5%in Compagnie Francaise des Petroles-Total, the major French oil group which is35% owned by the French Government. ADIA is reported to have built up its stakein CFP-Total gradually and there are no official details available yet of theprecise size and value of its stake. However, on the basis of CFP-Total'scurrent market...