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GIC close to buying stake in Brazil education firm: report

Saturday, December 24, 2016 - 05:50

Sao Paulo

GIC, Singapore's sovereign wealth fund, is close to buying a 40 per cent stake in Brazilian education firm Cruzeiro do Sul Educacional SA for about 500 million reais (S$220 million), newspaper Valor Econômico said on Friday.

GIC signed an agreement for exclusive talks on

sentifi.com

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