Sun, Dec 21, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

CIC to buy 7pct stake in Bank of Shanghai

Posted on 12 August 2011

China Investment Corp, the country’s sovereign wealth fund, is buying a 7 percent stake in the Bank of Shanghai from International Finance Corp. “The deal is going through the proper procedures,” the Bank of Shanghai said after reporters questioned the lender about a shareholder change.
Citing sources familiar with the matter, the 21st Century Business Herald yesterday reported CIC has bought the IFC’s 7 percent stake in the Bank of Shanghai………………………………………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