Sep. 23, 2009 (China Knowledge) - China Investment Corp, the country's US$200-billion sovereign wealth fund, has allocated US$850 million for the acquisition of a 12.91% stake in Singapore-listed Noble Group Ltd, according to a statement released by Noble on Tuesday.
Noble said it has agreed to sell 573 million shares at a price of S$2.11 apiece to CIC. The company expects to gain US$642.2 milli
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