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Sovereign Wealth Funds Briefing - Categorized | Investment

Italy treasury rules out Enel share sale to China

Posted on 05 February 2010

From Reuters: Italy’s Treasury has not received an expression of interest in its stake in utility Enel SpA from Chinese sovereign wealth fund CIC and has no intention of selling its holding, a Treasury source said on Thursday.

Newspapers in China and Italy have reported in recent days CIC could be interested in a stake in Enel and its Enel Green Power subsidiary and executives from the Chinese fund have held meetings in Italy this week………………………………..Full Article: Source

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