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GIC, Hellman & Friedman to buy Allfunds Bank

Published Tue, Mar 7, 2017 · 09:50 PM

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 Group, General Atlantic an…

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