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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Sinochem approaches Temasek on Potash bid

Posted on 08 September 2010

From Reuters: China’s state-owned Sinochem Corp has invited Temasek, the Singapore sovereign wealth fund, to join a consortium that may bid for Canada’s Potash Corp, the world’s largest fertilizer supplier, sources with knowledge of the matter said on Tuesday.
The move follows an order by Chinese officials for state companies to meet investment bankers to explore ways to block BHP Billiton’s $39 billion hostile bid for Potash Corp……………………………………….Full Article: Source


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