Sovereign fund invests in Kazakh oil and gas

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    China Investment Corporation (CIC), the PRC's sovereign wealth fund, has bought approximately 11% of the global depositary receipts of JSC KazMunaiGas…

    China Investment Corporation (CIC), the PRC's sovereign wealth fund, has bought approximately 11% of the global depositary receipts of JSC KazMunaiGas Exploration Production for a consideration of around US$939 million.

    JSC is listed in Kazakhstan and its global depositary receipts are listed on the main market of the London Stock Exchange.

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