Thu, Sep 3, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

CIC set for 20pctin Moscow bourse IPO

Posted on 15 February 2013

The order book for Moscow Exchange’s stock market flotation has been fully covered, a day ahead of the bourse’s initial public offering with China’s sovereign wealth fund CIC investing.
China Investment Corp is seeking to match the amount the state-backed Russian Direct Investment Fund is investing, which could see both take around 20 percent of the shares, or around US$100 million each (HK$778 million), sources said. CIC was reportedly seeking up to 25 percent of the shares………………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 17006 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2015
M T W T F S S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930