UAE firm invests in Nexen Tire

Abu Dhabi, UAE – Mubadala Investment Co., an Abu Dhabi-based strategic investment fund, has made an equity investment in Nexen Tire Corp. and struck a deal with the South Korean tire maker to “explore strategic partnership opportunities.”

nexen-uae-investment From left, Waleed Al Mokarrab Al Muhairi, deputy group CEO and chief executive officer of Mubadala; Khaldoon Al Mubarak, group CEO and managing director of Mubadala.; Travis Kang, CEO of Nexen); and Frank Chung, vice president of…

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