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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Investment

CIC purchases bonds from Wadge Holdings

Posted on 12 November 2012

The China Investment Corporation, China’s sovereign wealth fund, said Friday that it has purchased exchangeable bonds from Wadge Holdings Ltd, which is owned by the key shareholders of Russian company Uralkali, the world’s largest potash miner.
The bonds are exchangeable into shares of Uralkali, the statement said, on condition that CIC’s share will not be more than 12.5 percent………………………………………..Full Article: Source


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