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Saudi fund PIF takes stake in mortgage lender Refco (Reuters via Yahoo! Asia News)
January 31, 2010 by admin · Leave a Comment
RIYADH, Jan 31 (Reuters) - The Saudi finance ministry’s Public Investment Fund (PIF) has agreed to take a 20 percent stake in Real Estate Financing Co (Refco), a board member of the mortgage lender said on Sunday.
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Saudi fund PIF takes stake in mortgage lender Refco (Reuters via Yahoo! Asia News)