FILE - In this Monday, Nov. 7, 2016, file photo, the sun rises over the skyline in Abu Dhabi, United Arab Emirates. (AP Photo/Kamran Jebreili, File)
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The Abu Dhabi sovereign wealth fund agreed to buy about a 30 percent stake in Domestic & General Group Ltd., the U.K. appliance warranty provider owned by CVC Capital Partners.The transaction values Domestic & General, which is used by one-third of U.K. households, at just over 1 billion pounds ($1.25 billion), people with knowledge of the matter said.Domestic & General has about 16 million customers globally, with a presence in 11 countries including the U.K., Spain, Germany, France and Australia, according to the statement.CVC first invested in Domestic & General, which has about 2,000 employees in the U.K., in 2013 .
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