BEIJING -- The China Investment Corporation, China's sovereign wealth fund, said Friday that it has purchased exchangeable bonds from Wadge Holdings Ltd, which is owned by the key shareholders of Russian company Uralkali, the world's largest potash miner.
The bonds are exchangeable into shares of Uralkali, the statement said, on condition that CIC's share will not be more than 12.5 percent.
In an official statement posted on its website, CIC said that the purchase was made through a wholly owned subsidiary. No details were given regarding the value of the transaction or the name of the subsidiary.
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 130349 
