| A consortium led by Singapore's sovereign wealth fund GIC and private equity firm Olympus Capital has invested an additional US$106 million (S$132.1 million) in China's Huaxia Dairy Farm. In a statement on Wednesday (July 2), GIC said it is investing US$70 million (S$87.2 million) in this latest round of funding, while Olympus Capital Asia is putting in US$30 million (S$37.4 million).
Other existing shareholders, including Grand River Capital, are investing the remaining US$6 million (S$7.5 million), it added. Combined with its previous investments, Olympus Capital Asia has now invested US$108 million (S$134.6 million) in the company and is its largest shareholder...............................................Full Article: Source
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