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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Mideast sovereign funds eye China’s AgBank IPO

Posted on 31 May 2010

From Reuters: Several Middle Eastern sovereign wealth funds are holding talks with the Agricultural Bank of China about investing in its IPO in Shanghai and Hong Kong this year, the China Business News reported on Monday.
The Kuwait Investment Authority intends to invest about $1 billion to become a cornerstone investor in the Chinese bank’s $30 billion initial public offering, which would be the world’s largest IPO, the newspaper reported, citing a source at one of the underwriters…………………………………….Full Article: Source


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