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China’s CIC Denies Interest in Buying Liverpool, Sky Reports

Aug. 5 (Bloomberg) -- China Investment Corp., the country’s main sovereign wealth fund, denied it’s interested in buying Liverpool Football Club, Sky Sports said, citing a report in the Financial Times.

An unidentified spokesperson for the company told the FT it had “never heard of a plan to buy Liverpool or of Kenneth Huang,” who’s been reported in U.K. media as fronting a CIC bid, Sky added.

A person who’s worked closely with CIC said there was “no way” the fund would take part in such a “high-profile, symbolic and potentially risky deal,” Sky cited the FT as reporting.

Chinese businessman Huang said yesterday that he’d registered an interest in investing in Liverpool but hadn’t made a formal bid for 18-time English champion.

Link to Company News:{CHININC SP <Equity> CN <GO>} Link to Company News:{CHIVCZ CH <Equity> CN <GO>} Link to Company News:{1516Z LN <Equity> CN <GO>}

To contact the editor responsible for this story: Peter-Joseph Hegarty at phegarty@bloomberg.net

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