21.10.2010 - Chinese wanted much bigger stake in Penn West
From Montrealgazette.com: The Chinese sovereign wealth fund that agreed to inject $1.25 billion into Penn West Trust last spring originally wanted an even bigger chunk of the company. Behind-the-scene details of the novel joint venture announced by the Calgary-based energy trust in May with China Investment Corp., one of the largest such funds in the world, emerged during Penn West’s investor day Wednesday..............................................Full Article: Source
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