Aabar Santander Brazil
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Aabar Santander Brazil

 
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sharewadi
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Joined: 19 Aug 2005
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Aabar Santander Brazil

Posted on Sun 11 Oct 2009 09:06 by sharewadi 		Reply with quote
Aabar has bought about AED 1.2 billion worth of shares in Banco Santander Brazil. I presume the statement that Reuters is referring to is on the ADX website? I haven't checked. Will this be green news for Aabar stocks today or is it already priced in?

Reuters 10 October 2009:
UAE's Aabar buys $328 million Santander Brasil stake
by Thomas Atkins

DUBAI - Abu Dhabi's Aabar Investments (AABAR) invested $328 million in depositary shares issued by Banco Santander's Brazilian unit in the unit's initial public offering, Aabar said in a statement on Sunday.

Aabar is a listed investment company controlled by Abu Dhabi's state-owned investor International Petroleum Investment Company, or IPIC.




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maq3012
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AABAR hold or sell?

Posted on Wed 14 Oct 2009 14:56 by maq3012 		Reply with quote
I have read some perfect comments from sharewadi memebers on Aabar shares. I am in a dilemma as Aabar is not moving with the market, unfortunately my major investment from August is in Aabar. Shall i divest or hold till the q3 results Rolling Eyes a
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Re: AABAR hold or sell?

Posted on Thu 15 Oct 2009 00:19 by joypsam1 		Reply with quote
maq3012 wrote:
I have read some perfect comments from sharewadi memebers on Aabar shares. I am in a dilemma as Aabar ...


Hold it. You may be surprised with the performance very soon. Really it is worth for holding. You will get handsome return.
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