Tue, Aug 30, 2016
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

Singapore’s GIC takes 18.5% stake in Brazil education firm

Posted on 15 August 2014

Singapore sovereign wealth fund GIC said on Friday it has acquired an 18.5 per cent stake in Brazilian education services company Abril Educacao. GIC did not say how much it paid for the stake in Abril, a leading player in Brazil’s primary and secondary education market.
Based on Abril’s latest closing share price, the stake is worth about US$265 million (S$330 million). Funds managed by Brazilian buyout firm Tarpon Investimentos in June also took a significant stake in Abril……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 19314 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
August 2016
M T W T F S S
« Jul    
1234567
891011121314
15161718192021
22232425262728
293031