Sat, Jul 26, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

GIC offers US$1.5 bln for resorts

Posted on 17 February 2011

From Todayonline.com: The Government of Singapore Investment Corp, which has a stake in Hyatt Hotels, has offered to pay US$1.5 billion (S$1.9 billion) for a group of bankrupt resorts owned by investors including the hedge fund Paulson and Co.
GIC seeks to buy five resorts, one of GIC’s lawyers, Mr Michael Sage of Dechert LLP, said, after unveiling the offer at a bankruptcy court hearing yesterday in New York……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 14460 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« Jun    
 123456
78910111213
14151617181920
21222324252627
28293031