 "stake sale, shares, investors, investment")
An investment firm backed by a member of Abu Dhabi’s royal family agreed to buy a stake worth just over $1 billion in LuLu Group International, which runs one of the West Asia’s largest hypermarket chains, according to people familiar with the matter.
The company led by Sheikh Tahnoon Bin Zayed Al Nahyan acquired an almost 20 per cent holding in the Abu Dhabi-based supermarket group founded by Indian entrepreneur Yusuff Ali, the people said, asking not to be identified as the matter is private.
It wasn’t immediately clear which company Sheikh Tahnoon is using for the investment or if he was
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