China Wealth Fund Swaps Uralkali Bonds for 12.5% Stake
Bloomberg China took a 12.5 percent stake in OAO Uralkali (URKA), the world’s biggest producer of potash, giving the nation a bigger say in a global battle for market share and expanding the reach of its overseas agriculture investments. Chengdong Investment Corp., a...
Inter RAO Seeking to Acquire Nordic Assets
State-controlled power group Inter RAO is on the lookout to acquire assets in the Nordic States as it seeks to expand into a key export market, a board member said in an interview.
Dagestan Partners Up with Silicon Valley
The technology incubator is a joint venture between Global Venture Alliance, Summa Group and U.S.-based Plug and Play.