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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

KKR close to deal for stake in Chinese lender

Posted on 17 July 2009

From Reuters: Private equity firm KKR is investing in in International Far Eastern Leasing Co along with sovereign-wealth fund Government of Singapore Investment Corp (GIC) and Chinese investment bank China International Capital Corp (CICC), the people told the paper.

The consortium wants to buy a minority stake in the range of 30 percent of the financial leasing firm controlled by Chinese state-owned conglomerate Sinochem Group Corp……….Full Article: Source


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