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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment, Market

Kuwait mulling investment in China bank

Posted on 08 June 2010

From Arabtimesonline.com: Kuwait’s sovereign fund is interested in investing in the initial public offering of Agricultural Bank of China, according to sources. It said it could invest up to $1 billion in what is believed to be the world’s largest IPO.
A Chinese newspaper reported on May 31 that several Middle Eastern sovereign wealth funds, including the KIA, were holding talks with the bank about investing in it…………………………………………Full Article: Source

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