Abu Dhabi – Mubasher: Mubadala Investment Company on Monday stated that it is exploring all the possible investment opportunities in India, especially in refineries and petrochemicals, CNBC reported, citing an executive official.
Earlier on Monday, Australian almond producer Select Harvests said that it rejected a takeover proposal from the UAE’s sovereign wealth fund Mubadala Investment Company in consideration of $334.4 million.
Select Harvests said that is “significantly undervalued” and mentioned the “regulatory risks, transaction costs and the potentially disruptive due diligence as other reasons for rejecting the offer,” according to the news agency.
Established in 2002, Mubadala is the Abu Dhabi government’s investment arm and has over AED 246.42 billion in assets.
