Tue, Sep 2, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials, Investment, Market

GIC bid for Paulson Resorts moves to auction

Posted on 11 September 2012

Government of Singapore Investment Corp.’s $1.5 billion offer for resorts owned by hedge fund Paulson & Co. will move forward to an auction where GIC will lead the bidding.
The Singapore sovereign wealth fund has agreed to buy the four resorts, which filed for bankruptcy last year, subject to higher bids. U.S. Bankruptcy Judge Sean Lane in Manhattan said at a court hearing today that he would approve an order allowing the auction………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14659 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930