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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

CIC deny Reds interest

Posted on 06 August 2010

From Skysports.com: The Chinese government’s foreign investment arm, China Investment Corporation, have denied funding a bid for Liverpool. The Chinese Government have been linked to a takeover bid fronted by Kenny Huang for the Anfield outfit.
Reports have suggested Huang’s takeover bid was backed by the state-funded China Investment Corporation (CIC). However, a spokesperson for CIC claims they are not involved in any bid for the English giants……………………………………….Full Article: Source

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