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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

3i Group and GIC to sell stake in Ambea to Triton and management

Posted on 26 February 2010

3i Group plc and the Government of Singapore Investment Corporation Pte., Ltd. (GIC) have agreed to sell their 75% and 15.9% stakes in Ambea AB, a Sweden-based provider of healthcare services, to Triton Administration (Jersey) Limited and the management of Ambea. Based in the UK, both 3i Group and Triton are private equity firms. GIC is a Singapore-based investment management company.

Triton and the management of Ambea have agreed to pay approximately EUR850 million to the shareholders of Ambea…………………………………….Full Press Release: Source

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