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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

CIC Chinese fund obtains 12pct equity stake in Uralkali

Posted on 25 September 2013

Chinese sovereign wealth fund CIC has become the second largest shareholder in Uralkali, the world’s largest potash producer, in the latest shake-up to hit the industry.
CIC, which converted bond holdings into equity equivalent to a 12.5 per cent stake, will have one seat on the Uralkali board, giving the Chinese fund greater insight into the company’s negotiating and pricing policies………………………………………..Full Article: Source


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