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GIC to buy stake in Hutchison's mobile business

It has 4 fellow investors in £3b deal

Singapore

GIC will, together with four institutional investors, acquire a 33 per cent stake in British mobile operators Three UK and O2 UK from Hong Kong-listed Hutchison Whampoa Limited for £3.1 billion (S$6.39 billion).

The Singapore sovereign fund on Friday said it will invest £

sentifi.com

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