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Sovereign Wealth Funds Briefing - Categorized | Investment

GIC said to seek up to $1.3 billion stake in one of Brazil’s biggest hospital operators

Posted on 07 May 2015

Singapore sovereign wealth fund GIC is in talks to buy a stake worth as much as 3 billion reals (S$1.3 billion) in one of Brazil’s biggest hospital operators Rede D’Or Sao Luiz SA, people with knowledge of the matter said.
GIC may acquire as much as 14 per cent of the hospital operator, in equal shares from the company’s founding Moll family and Grupo BTG Pactual, the people said, asking not to be identified because the information is private. GIC could announce a deal for the stake within a month, the people said………………………………………..Full Article: Source


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