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Sovereign Wealth Funds Briefing - Categorized | Investment

Temasek Holdings’ Fullerton Fund buys stake in Eros International

Posted on 29 November 2013

Singapore sovereign fund Temasek Holdings’ investment fund, Fullerton Fund Management, has bought stake in Indian film distributor Eros International Media Ltd to gain a foothold in the Indian movie industry.
Fullerton Fund has purchased 20 lakh shares in Eros International, which aggregates to 8.7% stake in the company on November 13. Mumbai-based Eros International started trading on the New York Stock Exchange on November 13, according to a filing by the company with the US Securities and Exchange Commission on November 25………………………………………..Full Article: Source


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