11.06.2010 - GIC to launch $700 mln logistics IPO
From Reuters: Singapore's biggest sovereign wealth fund GIC GIC.UL is looking to kick off an initial public offering of its logistics business around the fourth quarter to raise at least S$1 billion ($707 million), sources close to the deal told Reuters. It is set be the biggest IPO in Singapore since CapitaMalls Asia raised $2 billion late last year and will allow the world's fourth-biggest sovereign fund to raise cash for further investments................................................Full Article: Source
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