Law360, New York (November 06, 2009) -- A wholly owned investment subsidiary of China Investment Corp. has entered a $1.58 billion stock purchase agreement with global power company AES Corp., acquiring a roughly 15 percent equity interest in the company, the parties announced Friday.
At close, CIC will acquire 125.5 million shares of AES stock for $12.60 per share for about a 15 percent stake in the company, AES said in a statement....
