FTX Reaches $45M Deal to Sell Interest in Sequoia to Abu Dhabi's Investment Arm

FTX Reaches $45M Deal to Sell Interest in Sequoia to Abu Dhabi’s Investment Arm


The agreement could be closed as soon as March 31, though deals made by bankrupt companies are subject to close judicial scrutiny. The would-be buyer, Al Nawwar Investments RSC Limited, is ultimately owned by the government of Abu Dhabi, and already invests in Sequoia, the document said.

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