Wed, Nov 26, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Kazakh wealth fund orders BTA, oil company to divest assets

Posted on 26 January 2012

Kazakhstan’s sovereign-wealth fund ordered BTA Bank, which is seeking a second debt restructuring in as many years, to sell construction assets as part of an initiative to make state-controlled companies more efficient.
The state-owned oil and gas producer, KazMunaiGaz National Corp., and railway monopoly Kazakhstan Temir Zholy will also divest investments that fall outside the scope of the companies’ primary activities, Umirzak Shukeyev, head of the Samruk-Kazyna fund, told reporters today in the capital, Astana………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15264 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
November 2014
M T W T F S S
« Oct    
 12
3456789
10111213141516
17181920212223
24252627282930