KIC, CIC, Temasek to invest in Chesapeake stake

Reuters, 21 Jun 2010
SEOUL, June 21 (Reuters) - Korea Investment Corp (KIC) said on Monday it would invest $200 million in Chesapeake Energy Co (CHK.N) as the U.S. No.2 natural gas company was set to issue $900 million worth of convertible preferred stock.
China Investment Corp (CIC) and Singapore state investor Temasek Holdings [TEM.UL] would also take stakes in Chesapeake, although the exact investment amount was not disclosed, KIC said in a statement. Full Story


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