Thu, Oct 23, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Temasek continues to throw its might behind Olam

Posted on 21 December 2012

Singapore’s state investment firm Temasek Holdings continues to back, a recent target of short-seller Carson Block and his research firm Muddy Waters. In two consecutive days of buying in the open market, Temasek has raised its stake in the commodities trader to 18% from 16%.
That comes after the state investor said earlier this month it would buy into a US$1.2 billion rights issue by the Singapore trader. Its support for Olam extended to a pledge to buy unsold bonds and warrants that will be issued as part of the rights issue………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14997 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031