Fri, Dec 19, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment, Market

KIA rules out GM share purchase

Posted on 23 November 2010

From Tradearabia.com: Kuwait Investment Authority (KIA) will not take part in General Motors’ initial public offering (IPO), a source said. The auto giant had raised $20.1 billion from the issue last week.
Earlier this month, KIA’s managing director Bader Al Saad said the fund was considering taking in GM’s IPO if it is feasible, but a person familiar with the matter at KIA said they had decided not to invest due to the increase in the share price……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 15428 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031