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Sovereign Wealth Funds Briefing - Categorized | Investment, Market, Trends

China’s possible Potash bid fans unease over SWFs

Posted on 29 September 2010

From Reuters: China’s possible bid for Potash illustrates the priority some surplus-rich countries still put on pursuing strategic national goals with their windfall cash and risks a regulatory backlash against sovereign wealth funds.
Sources say China’s state-owned Sinochem could bid for the Canadian firm (POT.TO), possibly partnering with its wealth fund CIC or Singapore’s Temasek, in a deal worth almost $40 billion……………………………………….Full Article: Source

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