Sun, Feb 14, 2016
A A A
Welcome tstroemlev
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

CIC may buy stake in OAO Sberbank

Posted on 24 June 2011

China’s US$200 billion sovereign wealth fund is considering buying a US$4 billion stake in Russia’s largest commercial bank, media reports said.
China Investment Corp has received a proposal from investment banks, which are now lobbying global clients to buy a total of 7.6 percent of OAO Sberbank. Russia’s biggest state-controlled lender is expected to roll out its privatization program soon, 21st Century Business Herald reported yesterday………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 17989 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
February 2016
M T W T F S S
« Jan    
1234567
891011121314
15161718192021
22232425262728
29