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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Temasek is planning to sell the shares of Youku Tudou Inc

Posted on 17 September 2013

It reported by the quoted transaction documents of IFR of Thomson Reuters on Friday, September 14 that Temasek, an investment company owned by the Government of Singapore, is planning to sell the shares of Youku Tudou Inc (ADR) valued at $185 million in order to end the investment into this online media company.
IFR said that Temasek, through its subsidiary Sennet Investments, is selling770, 000 shares of Youku Tudou Inc (ADR) and the price ranges from $23.80 to $24.00 per share. The report said that Credit Suisse is appointed to deal with this matter………………………………………..Full Article: Source


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