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Sovereign Wealth Funds Briefing - Categorized | Investment

Kuwait fund confirms AgBank investment

Posted on 23 June 2010

From Btimes.com.my: Kuwait’s Finance Minister yesterday confirmed that its sovereign wealth fund was interested in taking a US$800 million stake in the initial public offering of China’s Agricultural Bank (AgBank).
On Monday, sources said the Kuwait Investment Authority (KIA), the country’s sovereign wealth fund, was involved in a deal to invest US$800 million in the bank’s IPO……………………………………….Full Article: Source

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