Fresh Tracks Therapeutics Inc V.BBI

RE:New owners question (news from a few weeks ago)

[RuudinFrance]

Pjanimal wrote:

I saw this article regarding Abu Dhabis  exit from Canada to support their ESG goals.  I am not smart on the ownership, but anyone think this has to do with the ownership news a few weeks.

please excuse my ignorance if there is  I relation. 

https://www.google.com/amp/s/www.hellenicshippingnews.com/abu-dhabis-taqa-looks-for-complete-canadian-oil-and-gas-exit-sources/amp/
 

PJ
 

Interesting find PJ,

Mubadala Investment Company ownership.

"It is a wholly owned investment vehicle of the government of Abu Dhabi, in the United Arab Emirates."

SEDI shows that "Amwal Investments LLC" divested of their shares to "Al Mehwar Commercial Investments LLC", but both are under the umbrella of Mubadala (see above).

I knew about ADNOC, but ADNEC (aka TAQA), must be a different animal.
The way of high finance goes through many names :-)

Look at TAQA investor page

I cannot imagine that  Abu Dhabi will get out of O&G anytime soon.

Still, they might want to divest from other countries than Abu Dhabi itself.

The last paragraph of your link gives hope for their divestment from Canada.
I think that would be good for our SP as "intitutions" might want a share of the pie.

Can't make more of it.

Have fun.