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GIC, Hellman & Friedman to buy Allfunds Bank

Wednesday, March 8, 2017 - 05:50

Singapore

SINGAPORE'S sovereign wealth fund GIC and affiliates of Hellman & Friedman, a private equity investor, on Tuesday announced the signing of a deal to acquire Allfunds Bank, a global financial technology business.

They are buying it from Intesa Sanpaolo Group, Santander

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