(Reuters) - China said it will have less than a 10 percent equity stake in Blackstone immediately after Blackstone completes its planned initial public offering, and aims to hold its investment for at least four years.
"We are very pleased to be able to make the State Investment Company's very first investment in such a well-respected firm as Blackstone," Lou Jiwei, head of the working group of the State Investment Company, said.
Read more at Reuters.com Bonds News
"We are very pleased to be able to make the State Investment Company's very first investment in such a well-respected firm as Blackstone," Lou Jiwei, head of the working group of the State Investment Company, said.
Read more at Reuters.com Bonds News
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