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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Rusal wants CIC, Temasek as IPO investors

Posted on 28 October 2009

From Chinadaily.com.cn: Aluminum producer United Co Rusal is in talks with parties including China Investment Corp (CIC) and Temasek Holdings Pte to invest in a Hong Kong share sale, the Hong Kong Economic Journal said, without citing anyone or providing details of the investments.

Wu Xueling, a Beijing-based official at CIC, the nation’s sovereign wealth fund that holds almost $300 billion of assets, declined to comment. Temasek spokespeople in Singapore weren’t immediately available for comment………………………Full Article: Source

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