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KKR, Investcorp, others vie for Abu Dhabi-based PAL Cooling

KKR, Investcorp, others vie for Abu Dhabi-based PAL Cooling

abu dhabi skyline with uae flag

KKR and I Squared Capital are among global asset managers bidding for a district cooling business owned by Abu Dhabi’s Multiply Group, part of a $1.5 trillion empire overseen by one of the UAE’s most powerful Sheikhs, three sources said.

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