China Investment Corporation comes to Canary Wharf company’s rescue
Posted on 08/29/2009
AFP reports, “China’s state sovereign wealth fund has bailed out the heavily indebted majority owner of London’s Canary Wharf, according to the real estate development’s owner. The Financial Times reported that the move by China Investment Corporation (CIC) was its first big investment in Britain. The owners of Canary Wharf, Songbird Estates, said in a […]
