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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

China in talks with buyout firm

Posted on 23 May 2011

China Development Bank is in talks to buy a minority stake in TPG Holdings, according to a person familiar with the situation, making it the latest major state-backed investor from abroad to seek a piece of the San Francisco-based buyout firm.
The Chinese policy bank would join Kuwait Investment Authority and Government of Singapore Investment Corp., which recently agreed to purchase nearly 5% of TPG, people close to the matter said……………………………………….Full Article: Source


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