Mubadala sells 4.5% stake in Australia's Oil Search for $275m

Mubadala sells 4.5% stake in Australia's Oil Search for $275m

A Mubadala Development Co. employee pauses near the company's logo at their exhibition booth during the Singapore Airshow in Singapore. Photographer: JONATHAN DRAKE/Bloomberg

Abu Dhabi state investor Mubadala sold a 4.5% stake in Oil Search Ltd for A$362.8 million ($274.82 million), the oil and gas producer said in a filing late on Thursday.