Mon, Sep 22, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Kazakh wealth fund acquires 29 pct in Glencore-controlled zinc producer Kazzinc news

Posted on 11 February 2013

Kazakhstan’s sovereign wealth fund, Samruk-Kazyna, acquired a 29-per cent stake in Glencore-controlled zinc producer Kazzinc. Without disclosing the financial terms of the acquisition, Samruk-Kazyna’s deputy head, Kuandyk Bishimbayev, told reporters, “The Kazzinc deal is closed, and today we own 29 per cent in this enterprise.”
Bishimbayev said that Samruk-Kazyna bought the stake from Kazakhstan billionaire Bulat Utemuratov controlled investment firm Verny Capital………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14784 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930