24.08.2010 - Korea Pension in talks to buy U.S. oil pipeline stake
From Bloomberg: National Pension Service, South Koreaís biggest investor, said itís in talks to buy into a U.S. oil pipeline to diversify its portfolio. The Korea Economic Daily earlier reported that the pension fund was picked as a preferred bidder to buy 23.44 percent of Colonial Pipeline Co. from Chevron Corp. for about 1 trillion won ($847 million)...........................................Full Article: Source
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