16.08.2016 - Temasek Bought Stake in India’s ICICI Bank, Filing Shows
Temasek Holdings Pte bought shares in ICICI Bank Ltd., India’s largest private sector lender by assets, in the second quarter as it expanded its foothold in Asia’s third-biggest economy. The Singapore state-owned investor bought 2.55 million American depositary receipts of ICICI, worth $18 million at the end of June, according to a Monday filing with the U.S. Securities and Exchange Commission. Temasek also acquired stakes in U.S. aircraft parts manufacturer B/E Aerospace Inc. and emerged as a shareholder in biotech firm Intellia Therapeutics Inc, which had its initial public offering in May...............................................Full Article: Source
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