Mubadala CEO Signals Oil Deals as IPIC Megamerger Advances

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  • CEO Mubarak says 2017 will also probably be a challenging year
  • Says attractive time to invest in energy assets on valuations

Mubadala CEO Signals Energy Deals

Mubadala Development Co., the Abu Dhabi sovereign fund merging with International Petroleum Investment Co., said potential energy deals are more attractive after the slump in oil prices drove down asset prices.

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