01.12.2010 - GIC mull Brazilian bank stake buy
From Reuters: An investor group led by U.S. buyout firm JC Flowers is in talks to buy a stake in Brazil's privately held Banco BTG Pactual SA. The investor group includes sovereign wealth fund Government of Singapore Investment Corp (GIC) , the agency said. The group is looking to buy about 15 percent of the Brazilian firm for about $1.5 billion and an announcement may come as early as this week, people told the agency..............................................Full Article: Source
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