Sun, Apr 20, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

China may invest $3 bln in Aussie miner Fortescue

Posted on 25 February 2009

From Indiatimes.com: China, the world’s largest metal consumer, may invest about $3 billion in Fortescue Metals Group Ltd, Australia’s third-biggest iron ore exporter, three people familiar with the transaction said.

China Investment Corp., the $200 billion sovereign wealth fund, is in talks with Fortescue, which plans to use some of the proceeds to retire debt, the people said, asking not to be identified before an agreement….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 13908 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« Mar    
 123456
78910111213
14151617181920
21222324252627
282930