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GIC one of two buyers of 71% stake in YES!

Published Tue, Aug 16, 2016 · 09:50 PM

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    Singapore

    SINGAPORE sovereign wealth fund GIC has emerged as one of two institutional investors that have bought a 71 per cent stake in YES! Communities.

    The deal is said to value the US manufacturer and owner of pre-fabricated homes at more than US$2 billion, Bloomberg cited a person familiar with the purchase on Tuesday.

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