UniCredit is a major financial institution in Italy.
Aabar Investments, majority owned by the International Petroleum Investment Company (IPIC), has a 4.991% stake in the bank. Aabar paid roughly $2.24 billion for the stake making the largest purchase of shares on June 16, 2010. Aabar is the second largest international investor into the bank. Aabar Luxembourg, a subsidiary of Aabar holds the stake. Aabar is expected to take part in a capital raising that UniCredit is under taking in early 2012. It will make Aabar the largest single investor in the bank.
Several Libyan government owned funds including the Libyan Investment Authority, Central Bank of Libya, and the Libyan Foreign Bank have taken a 7.2% stake. They invested around €500 million in the bank. In February 2009, Libya bought €250 million ($326 million) of convertible bonds. Once the bonds convert, Libya will control 7% of the UniCredit. All shareholders in UniCredit are limited to a 5% voting share. With the 7% of the bank, Libya is looking for a seat on the Board of Directors. The LIA currently holds a 2.5% stake in the bank. The Central Bank of Libya holds a 4.9% stake.
| October 23, 2008
The Government Pension Fund of Norway held a 1.66% stake in the company as of December 31, 2009 but it appears to have increased their stake to 2% in December 2010. The stake is valued at $931,450,275.
|December 31, 2009||1.66%||1.66%||$931,450,275