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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Temasek in talks to buy GMR Energy stake

Posted on 21 January 2010

From WSJ: Singapore state investment firm Temasek Holdings is in talks to buy a stake worth $170 million in GMR Infrastructure Ltd.’s energy unit, a person familiar with the situation said Wednesday. “Temasek is one of around five companies that have shown interest in GMR Energy,” the person, who declined to be named, said.
“They’ve been talking since last year.”………………………………Full Article: Source

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