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Sovereign Wealth Funds Briefing - Categorized | Investment

China’s CIC eye stakes in AIA

Posted on 18 October 2010

From Reuters: Sovereign wealth fund China Investment Corp (CIC) and Ping An Insurance Co of China are among big Chinese institutional investors eyeing significant stakes in AIA Group, the FT reported, citing people working on the deal.
AIA, the Asian life insurance unit of bailed out insurer American International Group, will be listed in Hong Kong through an initial public offering to raise up to $20.5 billion……………………………………….Full Article: Source

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