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Sovereign wealth funds' corporate acquisitions triple in Q2

China Investment Corp's Logicor buy boosts total deal value to US$31.7 billion

London

CHINA Investment Corp's (CIC) US$13.7 billion acquisition of warehouse firm Logicor helped to triple the total value of sovereign wealth funds' (SWFs) M&A deals in the second quarter to US$31.7 billion, just shy of a record set in the third quarter of 2016.

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