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Sovereign Wealth Funds Briefing - Categorized | Investment

Bain, GIC to invest in Hero, fund buy of Honda stake

Posted on 09 March 2011

From Reuters: Private equity firms Bain Capital and the Government of Singapore Investment Corp have agreed to invest in Hero Investments to help it fund its acquisition of Honda Motors’ 26 percent stake in its Indian joint venture.
The funds will be used to retire a significant portion of debt raised for the deal, Hero Group said in a statement……………………………………….Full Article: Source


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