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Monday, December 27, 2010

China's CIC Joins TPG-GIC's Group to Invest in Delta Dunia in Indonesia

China Investment Corp., the nation’s sovereign wealth fund, joined a group including TPG Capital and Government of Singapore Investment Corp. to invest in PT Delta Dunia.

Delta Dunia, which owns Indonesia’s second-biggest coal mining, said in an e-mailed statement today that the group will be led by Northstar Equity Partners.Source: Bloomberg

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