06.05.2015 - GIC in talks to buy stake in Brazil’s Rede D’Or for $980 million
GIC Pte, Singapore’s sovereign wealth fund, is in talks to buy a stake worth as much as 3 billion reais ($980 million) in Brazilian medical-care provider Rede D’Or Sao Luiz SA, people with knowledge of the matter said. GIC may acquire as much as 14 percent of the hospital operator, in equal shares from the company’s founding Moll family and Grupo BTG Pactual, the people said, asking not to be identified because the information is private. GIC could announce a deal for the stake within a month, the people said...............................................Full Article: Source
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