13.03.2014 - GIC’s investment in Linx shows confidence in Brazil’s economy
GIC Pte, Singapore’s sovereign wealth fund, is buying stakes in Brazilian companies in a sign of confidence the world’s second-largest emerging market will overcome slower growth. GIC bought 5.02 percent of communications technology provider Linx SA (LINX3), according to a March 10 filing by Linx. This month, it increased its stake in Sao Paulo-based food processor BRF SA (BRFS3) and in October agreed to invest in water and sewage treatment company Aegea Saneamento e Participacoes SA...............................................Full Article: Source
Print