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Sovereign Wealth Funds Briefing - Categorized | Market

CIC likely to invest in Rusal public float

Posted on 29 December 2009

From China.org.cn: China Investment Corporation (CIC) may invest up to $300 million in the proposed Hong Kong float of Russian aluminum producer United Co Rusal, a source close to the sovereign wealth fund said yesterday.

The $300 billion fund is, however, yet to take a final decision in this regard, as buying into the highly indebted company is still viewed as a risky investment, the source told China Daily on condition of anonymity…………………………………….Full Article: Source


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