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Emirati State Fund Mubadala Fails with Claim Against Signa Holding
The Abu Dhabi sovereign wealth fund, Mubadala, has failed with a significant claim against the insolvent Signa Holding. The request to claim a payment of 713 million euros was rejected in emergency arbitration proceedings.
The Abu Dhabi sovereign wealth fund has been rebuffed with its claim against the insolvent Signa Holding, which is currently being restructured. / Picture: © Wikimedia Commons/ Uwe Rohwedder/ CC BY-SA 4.0 (https://creativecommons.org/licenses/by-sa/4.0)
Mubadala, a financier of Signa Holding for many years, has not only filed a claim of 713 million euros against the insolvent Signa Holding and its founder René Benko but has also filed claims for a further 300 million euros, as reported by the newspaper "DiePresse".…
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