14.12.2009 - GIC links up with buyout firm in Springer deal
From WSJ: The Government of Singapore Investment Corp. has made its first European co-investment after teaming up with a Nordic private equity firm to carry out the largest buyout in the region for 18 months. State fund GIC and EQT Partners have bought German media group Springer Science+Business Media for around EUR2.3 billion ($3.4 billion) from buyout firm Cinven and troubled private equity firm Candover Partners, according to sources close to the situation. GIC has taken an 18% stake in the company while EQT has taken 82%....................................Full Article: Source
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