01.10.2013 - Singapore’s GIC keen on Royal Mail
Reports are being issued that one of the major institutional investors interested in the initial public offering of Britain’s Royal Mail is the Government of Singapore Investment Corporation (GIC) now known as GIC Private Limited. The UK government still plans to hold around a 30%-49.9% stake in the national mail carrier and also plans on issuing a 10% stake to its over 150,000 employees...............................................Full Article: Source
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