16.06.2014 - ChrysCapital-GIC team emerges as front-runner in race to buy Destimoney from New Silk Route
A consortium of private equity fund ChrysCapital and Singapore government's sovereign wealth fund GIC has emerged as the front-runner to purchase growth capital fund New Silk Route's (NSR) 100% stake in retail financial services and distribution company Destimoney. "ChrysCapital has teamed up with GIC to bid for the financial services company. They seem to have gained a clear edge over rival bidders," said a person directly involved with the transaction...............................................Full Article: Source
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