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

AgBank to sell 40 pct of HK offer to corporates

Posted on 10 June 2010

From Reuters: Agricultural Bank of China plans to sell about 40 percent of its Hong Kong initial public share offering to investors such as Middle East and Asian sovereign wealth funds, as well as other global corporations, sources said on Wednesday.
Sources said sovereign funds, including China Investment Corp (CIC), Qatar, Kuwait and Temasek, were seen as likely buyers of pre-IPO stakes in AgBank, along with Dutch group Rabobank, which just signed a strategic agreement with China’s third-largest lender…………………………………………Full Article: Source

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