Kuwait to invest $800m in AgBank IPO
Hong Kong, June 21, 2010
The Kuwait Investment Authority has agreed to invest $800 million in the Agricultural Bank of China's IPO, sources with direct knowledge of the matter said on Monday.
The sources also confirmed a report from late on Sunday that the Qatar Investment Authority had agreed to invest $2.8 billion into AgBank, the Chinese lender that is seeking to raise a record $23 billion through its Shanghai-Hong Kong IPO. - Reuters