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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Singapore GIC seeks to buy 16pct of BTG Pactual

Posted on 06 September 2010

From MarketWatch: Singapore’s sovereign wealth fund is in talks to buy a stake in one of Brazil’s leading investment banks, BTG Pactual, according to the latest edition of Brazil’s Exame magazine.
The Government of Singapore Investment Corp. has offered US$2.4 billion to buy a 16% stake in BTG from Andre Esteves, the firm’s chief executive and one of the bank’s main shareholders, said Exame, citing unnamed sources………………………………………..Full Article: Source


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