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Sovereign Wealth Funds Briefing - Categorized | Investment

Asian sovereign wealth targets US shale gas

Posted on 20 May 2010

From Marketwatch.com: Sovereign wealth funds China Investment Corp. and Korea Investment Corp. are in advanced negotiations to join a consortium planning to acquire $900 million of convertible preferred stock in New York-listed Chesapeake Energy Corp.
CIC and KIC are each expected to acquire about $300 million worth of preferred stock, the FT said……………………………………..Full Article: Source


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