25.02.2009 - Fortescue is in fund talks with China’s SWF
From Bloomberg: Fortescue Metals Group Ltd., Australia’s third-largest iron ore exporter, said it’s in talks for a hybrid funding package with China’s $200 billion sovereign wealth fund to help fund expansion. Talks with China Investment Corp. are at a “early stage,” Cameron Morse, a spokesman for Perth-based Fortescue said today in an interview. .... Full Article: Source
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