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GIC buys 10% stake in 6th-largest container terminal operator

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Published Fri, May 3, 2019 · 09:50 PM

Singapore

SINGAPORE'S GIC has acquired a 10 per cent interest in Geneva-based Terminal Investment Ltd (TIL), the sixth-largest container terminal operator in the world, at an undisclosed price.

The sovereign wealth fund said on Friday morning that it bought the stake from infrastructure fund manager Global Infrastructure Partners and "other existing co-investors".

GIC

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