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Sovereign Wealth Funds Briefing - Categorized | Investment

Fortescue confirms talks with Anglo American, China Investment Corp

Posted on 18 February 2009

From Businessspectator.com.au: Australian iron ore miner Fortescue Metals Group has revealed it has held talks with Anglo American plc and China Investment Corp about investment opportunities.

Fortescue was queried by the Australian stock exchange after a 26 per cent rise in its shares. The exchange asked Fortescue to address a news report that Anglo American and China Investment Corp, a $200 billion sovereign wealth fund, were in talks to buy stakes in Fortescue. ….. Full Article: Source


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