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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Temasek to sell stake in Hana

Posted on 21 October 2010

From WSJ: Temasek Holdings Pte. Ltd., Singapore’s state-owned investment company, is selling its stake in South Korea’s Hana Financial Group Inc. in a transaction that could raise as much as US$642.6 million as the sovereign-wealth fund shifts some of its portfolio away from financial services and into areas such as resources.
Earlier Wednesday, the fund invested US$400 million in Brazilian oil-service company Odebrecht Oil & Gas……………………………………….Full Article: Source

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