| Sovereign wealth fund China Investment Corp (CIC) and state refiner Sinopec are among the three cornerstone investors to pledge $350 million toward Canadian oil explorer Sunshine Oilsands Ltd's Hong Kong IPO, a source with direct knowledge of the matter said.
The three institutions are taking up nearly half of Sunshine Oilsands' planned $700 million initial public offering (IPO), the source told Reuters on Tuesday. The offering will be the biggest stock market float in the world so far this year...............................................Full Article: Source
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