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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

GIC Singapore to infuse $150mln in $1bln Genpact deal with Bain

Posted on 30 October 2012

Sovereign wealth fund GIC Singapore is joining Bain Capital in a deal to buy 30 per cent stake in the business process management and technology services company Genpact Ltd for $1 billion. GIC Singapore will invest $150 million in the transaction along with Bain Capital’s $849 million in Genpact, according to a filing.
The deal comes after the two firms co-invested $850 million in Hero MotoCorp, the world’s largest bike-maker in terms of volumes, last year………………………………………..Full Article: Source


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