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Abu Dhabi Buys Stake in Hyatt

Dec 15, 2009 3:34 PM

From The Wall Street Journal:
Sovereign Wealth Fund Purchases 10.9 Percent Of Shares
Abu Dhabi Investment Authority, one of the world's largest sovereign wealth funds, has bought 10.9% of Hyatt Hotels Corp. (H) shares floated by the company, a filing showed Tuesday. The stake brings ADIA's shareholding in the overall company to just under 3%. The bulk of other stock is held in the form of Class B shares by the company's founding Pritzker family. Click here for the full story.

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