Latest News for: Singapore wealth fund

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Singapore fund joins Morrisons siege

The Times/The Sunday Times 29 Jul 2021
Singapore’s sovereign wealth fund has joined forces with the Fortress-led consortium pursuing Wm Morrison, giving the bidder more firepower to raise its offer if required.
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Another leading Morrisons investor publicly denounces £6.3bn bid by private-equity-backed consortium

The Daily Mail 29 Jul 2021
Another leading Morrisons investor has publicly denounced the £6.3billion bid by a private-equity-backed consortium ... Intervention ... Previous 1 2 Next ... Singapore sovereign wealth fund joins the £6.3bn... .
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Company briefs: Airbus

Straits Times 29 Jul 2021
Airbus ... REUTERS. Boeing ... REUTERS. GIC. Singapore's sovereign wealth fund has joined the Fortress-led private equity consortium making a recommended offer for the British supermarket group Morrisons, the companies said on Wednesday ... Two other private equity groups, CD&R and Apollo, have also shown interest. REUTERS ....
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Shareholder dissent grows over Morrison's takeover bid

BBC News 29 Jul 2021
Morrisons shareholders are due to vote on the offer on 16 August ... The Fortress consortium also comprises Canadian pension fund CPP Investments and Koch Real Estate Investments (KREI), part of US-owned Koch Industries. On Wednesday, Singapore's sovereign wealth fund GIC joined the consortium in the bid for the supermarket chain ... Related Topics. .
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PSA-Sical stares at Rs 3,000 cr in dues as apex court overturns arbitration award

Business Line 29 Jul 2021
PSA-Sical Terminals Ltd, the entity that has been running the container terminal at VOCPT since 1998, is 51 per cent owned by PSA International, a unit of Temasek Holdings Pte Ltd, Singapore’s sovereign wealth fund ... “The parent company in Singapore will not pay because the liabilities are all in the special purpose vehicle running the terminal.
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Singapore’ wealth fund join Fortress bid for Morrisons

The Times/The Sunday Times 28 Jul 2021
The takeover tussle for Morrisons has taken another twist with Singapore’s sovereign wealth fund joining the Fortress-led consortium, giving the bidder further ...
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Singapore's GIC joins Fortress bid for UK supermarket Morrisons

Canada Dot Com 28 Jul 2021
LONDONSingapore’s sovereign wealth fund has joined the Fortress-led private equity consortium bidding to buy the ...
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GIC joins Fortress bid for UK supermarket Morrisons

Straits Times 28 Jul 2021
LONDON (REUTERS) - Singapore's sovereign wealth fund has joined the Fortress-led private equity consortium making a recommended offer for the British supermarket group Morrisons, the companies said on Wednesday.
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Two of Morrisons's biggest shareholders declare takeover offer from private equity predators too low

The Daily Mail 28 Jul 2021
Singapore sovereign wealth fund joins the £6.3bn... The fund manager said ... Fortress yesterday enlisted the might of Singapore's sovereign wealth fund GIC into its consortium, giving it significant financial firepower ... £1.50 fund dealing ... Free fund dealing. Free fund dealing ... Free fund dealing.
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Domestic operators lead in growing Indian e-commerce market

Beijing News 28 Jul 2021
The latest round of funding was led by Singapore's sovereign wealth fund GIC, the Canada Pension Plan Investment Board, Japanese tech-focused investment firm's flagship fund SoftBank Vision Fund 2, and Flipkart's parent company US retail firm Walmart.
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Singapore’s GIC joins Fortress bid for UK’s Morrisons

The Irish Times 28 Jul 2021
The Singapore sovereign wealth fund has joined forces with the private equity-led consortium seeking to buy Morrisons in £6.3 billion (€7.40 bn) deal ... On Wednesday, the Singaporean GIC fund said it will take part in the consortium to buy Morrisons via its Cambourne Life investment vehicle ... –PA. .
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Singapore’s GIC joins £6.3bn Morrisons takeover deal

Belfast Telegraph 28 Jul 2021
The Singapore sovereign wealth fund has joined forces with the private equity-led consortium seeking to buy Morrisons in £6.3 billion deal ... On Wednesday, the Singaporean GIC fund said it will take part in the consortium to buy Morrisons via its Cambourne Life investment vehicle ... Daily Headlines Newsletter & Evening Telegraph Newsletter ... Most Read ... .
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E-Mart to Buy Bigger Stake in Starbucks

Chosun Ilbo 28 Jul 2021
Korea's biggest supermarket chain E-Mart and Singapore's ...
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Starbucks To Sell Stake In Its South Korean Venture To Shinsegae Group

The Tennessee Tribune 28 Jul 2021
The remaining 32.5 percent stake of Starbucks Coffee International will be acquired by the Government of Singapore Investment Corporation (GIC), a Singaporean sovereign wealth fund, from a long-term investment perspective ... E-Mart and the Government of Singapore Investment ...
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Ixigo raises $53 million led by Singapore's sovereign wealth fund GIC

The Times of India 28 Jul 2021
Online travel app Ixigo has raised $53 million (Rs 395 crore) from investors led by Singapore sovereign wealth fund GIC ... “GIC is investing from its new public markets fund that it has created to invest in Indian equities and to back IPO-bound companies,” said another person with knowledge of the development.

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