GIC said to be keen on Glencore agri stake

London

THE sovereign wealth fund of Singapore, GIC, is among investors that have expressed interest in buying a minority stake in Glencore's agriculture business, according to two people familiar with the conversations.

Others involved in preliminary negotiations include Japanese trading houses such as Mitsui & Co and at least one Canadian pension fund, said the same people, who asked not to be identified because the matter is confidential.