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Sovereign Wealth Funds Briefing - Categorized | Market

GDF Suez shares up on earnings, China investment deal

Posted on 11 August 2011

GDF Suez SA Wednesday posted a decrease in first half net profits and announced a partnership with sovereign debt fund China Investment Corp. to trim debt and boost the French power group’s presence in Asia.
The Paris based group reported an 8.2% rise in earnings before interest, tax, depreciation and amortization, or Ebitda, helped by the consolidation of results from International Power Plc………………………………………Full Article: Source


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