12-Jan-2010 11:09 AM

National Social Security Fund increases stake in AVIC International

AVIC International reportedly signed an agreement with the Aviation Industry Corporation of China (AVIC), the National Social Security Fund (NSSF) and Bank of China Group Investment Ltd (BOCGI) in which the NSSF will increase its stake in the state-owned aviation conglomerate (Asia Pulse, 11-Jan-2010). The NSSF and BOCGI will both hold a 16.3% stake in AVIC International and AVIC will hold the remaining 67.4%.

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More