Wed, Sep 17, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Market

Is China’s sovereign wealth fund selling Morgan Stanley shares to buy Liverpool

Posted on 06 August 2010

From Businessinsider.com: It appears China’s sovereign wealth fund, CIC, is preparing a bid for Liverpool Football Club of the English Premier League, according to The Guardian. Kenny Huang, who was preparing the bid for Liverpool, now appears to be linked to China’s sovereign wealth fund as their deal maker in the UK.
The bid is reportedly being financed through the sale of Morgan Stanley shares by the CIC, which amount to $558 million. That number is equivalent to Liverpool’s outstanding debt, which is 351.4 pounds, or $558 million……………………………………….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 14750 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930