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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

CIC keen on stake in Italy’s Enel SpA

Posted on 11 June 2009

From China Knowledge: China Investment Corp (CIC), the country’s US$200 billion sovereign wealth fund, has shown strong interest in buying into Enel SpA, the largest power operator in Italy, the Oriental Morning Post reported on Wednesday.

Chinese companies intend to buy stakes in Italian firms via financial investment, the Italian daily newspaper Il Giornale reported on Tuesday, quoting Italy’s Trade Minister Adolfo Urso as saying……..Full Article: Source


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