Mon, Mar 2, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

CIC speeds up investment in North America

Posted on 18 June 2010

From People.com.cn: Focusing on financial and energy companies, the China Investment Corporation (CIC) is expanding its holdings in North America.
Earlier this month, the United States Securities and Exchange Commission (SEC) revealed that CIC agreed to pay 817 million U.S. dollars for a 45 percent interest in a joint venture to develop Penn West Energy Trust’s Peace River oil sands assets along with an additional 435 million U.S. dollars to take a 5 percent equity stake in the trust itself…………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 15819 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
M T W T F S S
« Feb    
 1
2345678
9101112131415
16171819202122
23242526272829
3031