Kuwait Investment Authority (KIA), the country's sovereign wealth fund, agreed to more than double its investment in Agricultural Bank of China's initial public offering to $1.9 billion, a local newspaper said.
Qatar Investment Aut
Agricultural Bank of China has raised a record $22.1 billion in its initial public offering, a report said.
The bank has now claimed the title of the world's largest IPO after fully exercising the over-allotment option of its Shanghai
The Kuwait Investment Authority has invested $800 million in Agricultural Bank of China, two sources said on Monday, giving Middle East funds a big slice of AgBank's likely record $23 billion IPO.
The same sources confirmed a weekend r
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 I
Agricultural Bank of China has reached an agreement with a group of seven investors ahead of its massive initial public offering, sources said on Friday, with two funds from the Middle East considering a stake that could exceed $2 billion. &n
Standard Chartered Bank and soon-to-be-listed Agricultural Bank of China have agreed to a strategic partnership, Standard Chartered said in a statement on Thursday.
The two banks had signed an agreement to explore joint development of busi
The Agricultural Bank of China is seeking to raise over $23 billion by listing in Hong Kong and Shanghai in what would be the world's biggest IPO, as China's banks shore up their capital base after a lending spree.
In addition to new finan
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