| 02.12.2010 - GIC,OCBC join group buying Morgan Stanley CICC stake |
| From Reuters: Singapore's GIC and OCBC's insurance arm have joined a group led by U.S. private equity firms KKR and TPG Capital in buying Morgan Stanley's 34.3 percent stake in top Chinese investment bank CICC. Late on Wednesday, Reuters Breakingviews reported that Government of Singapore Investment Corp (GIC), Singapore's sovereign wealth fund, had joined the bid by Kohlberg Kravis Roberts & Co and TPG for Morgan Stanley's stake..............................................Full Article: Source |