Mubadala’s €1 Billion Award Pushes Trust Linked to Signa’s Benko Into Insolvency
A private foundation co-founded by former real estate tycoon Rene Benko has collapsed into insolvency after a court ruled it owed sovereign wealth fund Mubadala Investment Co. about €1 billion...
By Libby Cherry · Bloomberg
A private foundation co-founded by former real estate tycoon Rene Benko has collapsed into insolvency after a court ruled it owed sovereign wealth fund Mubadala Investment Co. about €1 billion ($1.2 billion) on soured investments.