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UAE fund in talks to buy stake in hotel group from financier Jho Low: FT

Mubadala Development Co hopes to finalise a deal to buy 50% of Viceroy Hotel Group "within a matter of days"


UAE state fund Mubadala Development Co is in talks with the US Department of Justice (DoJ) for approval to buy the rest of the partially-owned Viceroy Hotel Group from Jho Low, a financier linked by prosecutors to Malaysia's 1MDB corruption scandal, the Financial Times (FT)...