Tue, Jan 27, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

Chinese consortium buys China Construction Bank stake

Posted on 05 September 2011

A Chinese consortium was the biggest buyer of the China Construction Bank stake that Bank of America sold last month.
The Chinese buyers joined with the sovereign investment arms of Singapore and Qatar to buy the CCB stake. Temasek, the Singapore state investment agency, raised its holding in CCB to about 7 per cent. In early July, Temasek sold over $1bn of CCB shares through Morgan Stanley at a price that was much higher than the level at which it bought shares last week……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15610 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
M T W T F S S
« Dec    
 1234
567891011
12131415161718
19202122232425
262728293031