China Investment Corporation Invests in AES Corporation
Posted on 11/08/2009
According to the China Investment Corporation – Press Release, “China Investment Corporation (“CIC”) today made an investment through a wholly-owned subsidiary in the amount of USD 1.58 billion in AES Corporation (“AES”). At close, CIC will acquire 125.5 million shares of AES stock for USD 12.6 per share, representing approximately 15% equity interest in the […]
