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Chinese Investment Firm Terrific Sells AES Stake

By Chelsea Naso (May 13, 2015, 4:02 PM EDT) -- Chinese firm Terrific Investment Corp. is set to part ways with its nearly 9 percent stake in AES Corp., raising $530 million in a public secondary offering Tuesday that stands to draw even more as the global power generation and utility company prepares to snap up the remaining shares held by the CIC Investment Co. Ltd. affiliate....

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