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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Samruk-Kazyna won’t buy pension funds as Halyk rejects BTA deal

Posted on 20 November 2013

Kazakhstan’s sovereign wealth fund Samruk-Kazyna said it’s scrapping a planned acquisition of three pension funds controlled by commercial lenders after Halyk Bank halted talks on buying the government’s shares in BTA Bank.
“Taking into account that the sale of BTA Bank to Halyk won’t happen, Samruk-Kazyna doesn’t plan to purchase stakes in pension funds, including Halyk’s unit,” the Astana-based wealth fund said…………………………………Full Article: Source


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