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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

GIC said to start talks with investors for $3 bln unit IPO

Posted on 10 September 2010

From Bloomberg: The Government of Singapore Investment Corp. started talks with potential corporate investors for the $3 billion initial public offering of its logistics unit, two people with knowledge of the matter said.
GIC has identified about 50 so-called cornerstone investors including real estate and hedge funds, and some international wealthy individuals, one of the people said, declining to be identified as discussions are private……………………………………….Full Article: Source


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