Sat, May 28, 2016
A A A
Welcome vaishu
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

CIC close to signing timber deal with Brookfield

Posted on 07 November 2012

China Investment Corp. is close to purchasing a 12.5% stake in some timber assets in Canada from an infrastructure affiliate of Brookfield Asset Management Inc. for about $100 million, according to people with direct knowledge of the matter.
The move marks the latest effort by the Chinese sovereign-wealth fund to step up its investment in assets that could help shield its giant overseas portfolio from rising inflation risks………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 18687 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
May 2016
M T W T F S S
« Apr    
 1
2345678
9101112131415
16171819202122
23242526272829
3031