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Kuwait Sovereign Wealth Fund KIA

Company

Assets

+ Kuwait Sovereign Wealth Fund KIA

History

2023: Sale of part of Mercedes shares

On March 28, 2023, information appeared that the Kuwait Sovereign Wealth Fund KIA (Kuwait Investment Authority) intends to sell almost a quarter of its shares in the German automotive company Mercedes-Benz Group AG. One of the reasons for this decision is the reduction in sales of group cars. Read more here.