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Aabar buys stake in Brazilian bank

Abu Dhabi-based investment fund, Aabar Investments, announced on Sunday it has bought...

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October 11, 2009 3:22 by



Abu Dhabi-based investment fund, Aabar Investments, announced it has bought a stake in a Brazilian bank worth $328 million, reported Reuters on Sunday.

Aabar bought $328 million worth of listed shares of Banco Santander Brasil after it went public last week.

The investment firm made headlines this year when it bought a 9.1 percent stake in Daimler, and almost 30 percent of commercial space travel company Virgin Galactic.



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