Abu Dhabi has folded CYVN Holdings and its 20% stake in Chinese electric vehicle maker NIO into its newest sovereign investment platform, L’IMAD Holding, according to regulatory filings and Chinese media reports.The move follows L’IMAD’s formal launch this month under the supervision of the Supreme Council for Financial and Economic...
Abu Dhabi has folded CYVN Holdings and its 20% stake in Chinese electric vehicle maker NIO into its newest sovereign investment platform, L’IMAD Holding, according to regulatory filings and Chinese media reports.The move follows L’IMAD’s formal launch this month under the supervision of the Supreme Council for Financial and Economic...