From Taighde
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.[1] It will make Aabar the largest single investor in the bank.[2]
Libya
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.
| Date
| Stake
|
| October 23, 2008
| 4.9%
|
|
| 4.23
|
|
| 0.56
|
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.[3] The stake is valued at $931,450,275.
| Date
| Ownership
| Voting
| Value
|
| December 31, 2009 | 1.66% | 1.66% | $931,450,275
|
