06.09.2013 - Singapore fund to take 30pct Rothesay stake
Singapore’s sovereign wealth fund is poised to become a big shareholder in Rothesay Life as owner Goldman Sachs prepares to sell almost two-thirds of the UK pensions insurer in a deal valuing the operation at about £900m. GIC is close to buying a 30 per cent stake and Blackstone, the private equity group, a further 30 per cent, people familiar with the matter said...............................................Full Article: Source
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