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Sovereign Wealth Funds Briefing - Categorized | Investment, Trends

China starts UK buy spree with Thames Water deal

Posted on 24 January 2012

China has made the first of what is expected to be many forays into British infrastructure, snapping up nearly a tenth of Thames Water, the UK’s largest water and sewerage company.
The acquisition, by China’s $410 billion (£265 billion) CIC sovereign wealth fund, follows talks in Beijing this week with Chancellor George Osborne, who is looking for overseas investors to finance a massive reconstruction of the country’s ailing infrastructure, that would have the additional benefit of boosting the economy………………………………………..Full Article: Source


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