China Investment Corp (CIC), the country's sovereign wealth fund, has agreed to buy $400 million worth of shares from China Longyuan Power Group's $2.2 billion Hong Kong initial public offering (IPO), a source close to the deal said Tuesday. CIC will become the fifth cornerstone investor in Longy...
China Investment Corp. (CIC), the nation's sovereign wealth fund, may purchase $400 million worth of stocks of China Longyuan Power Group Corp. in its initial public offering (IPO) on the Hong Kong market, according to a Bloomberg report Tuesday citing three unnamed sources close to the offering....
China Investment Corp, the country's US$300-billion sovereign wealth fund, will acquire a 20% stake in the China's leading green energy supplier, GCL-Poly Energy Holdings<3800>, said GCL-Poly Energy in a statement filed with the Hong Kong Stock Exchange.GCL-Poly Energy said that CIC will spend HK$5.56...
China Investment Corp, the country's US$300-billion sovereign wealth fund, has agreed to acquire a 15% stake in U.S.-based AES Corp, one of the world's largest power companies, said AES on Friday.New York-listed AES said that CIC will spend US$1.58 billion to buy 125.5 million shares of the U.S. company at...
China Investment Corporation (CIC), the country's sovereign-wealth fund, announced Friday that the company will invest $1.58 billion in US-based power giant AES Corporation. According to CIC's announcement, it will purchase 125.5 million shares of AES at the unit price of $12.6 per share. After t...
BEIJING, Sept 30 - Chinese sovereign wealth fund China Investment Corp (CIC) said on Wednesday it paid $939 million for a stake in Kazakhstan oil and gas company JSC KazMunaiGas Exploration and Production <KMGq.L>. CIC,...
Sep. 24 MetalBiz--China Investment Corp. (CIC) intends to purchase 12.91% of shares from Australia's Noble Group with US$850mln. Noble Group sells 573mln shares of...
China Investment Corp, the country's US$200-billion sovereign wealth fund, has purchased US$1.9 billion in high-yield debt issued by Indonesian miner PT Bumi Resources.CIC will receive an annual coupon of 12% on the loan, and the investment is expected to bring an internal rate of return of 19%.US$600 million...
China Investment Corporation (CIC), the country's sovereign wealth fund, confirmed Tuesday that it has signed an agreement with Noble Group Ltd., to buy a 15-percent stake in the Hong Kong-based commodity supplier for $850 million. According to the agreement, Noble Group will sell 573 million sha...
* China's CIC buys 14.5 pct stake in Noble for $850 mln * Latest in flurry of Chinese investments in resources * Shares priced at 8 pct discount to last traded price * Deal gives...