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Sovereign Wealth Funds Briefing - Categorized | Investment

Apollo, French SWF offer to buy Rio Tinto’s Alcan EP

Posted on 06 August 2010

From Bloomberg: Apollo Global Management LLC and the French government’s strategic investment fund offered to buy aluminum producer Alcan EP from Rio Tinto Plc for an undisclosed amount.
Apollo would take 51 percent of the company and the French fund would buy another 10 percent, according to an e-mailed statement today. Rio Tinto would keep a 39 percent holding……………………………………….Full Article: Source

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