Cudeco is only a flesh would for China Oceanwide it would seem -...

Cudeco is only a flesh would for China Oceanwide it would seem -

http://hotcopper.com.au/resources/c...worth-for-2-7-bln-in-cash.23246/#.WA2Ljfl95D8

HONG KONG, Oct 24 (Reuters) - China Oceanwide Holdings Group Co has agreed to buy U.S. insurer Genworth Financial Inc GNW.N for $2.7 billion in cash, the latest in a series of moves by Chinese firms to buy overseas assets as their domestic economy slows and the yuan weakens.

http://en.chinaoceanwide.com/industry/index_touzi.html?id=44

CuDECO Ltd.（ASX：CDU）is a listed company in Australia. China Oceanwide International Investment Co. Ltd., a subsidiary company of China Oceanwide, has become one of CuDECO’s core strategic investors and its third largest shareholder ( edit-  3rd largest ?? )  by subscribing a private placement of unlimited shares by CuDECO.

The Rocklands copper mine possessed by CuDECO is planned to produce an annual output of 100,000 tons and has sped up the project construction in order to start copper production in 2013. In addition, China Oceanwide has signed an exclusive copper sale agreement with CuDECO, thus to have stable sales revenues.