May
27
GIC Said to Pay $1 Billion for 15 Percent of Brazil’s Rede D’Or
ByGIC Pte, Singapore’s sovereign wealth fund, paid about 3.2 billion reais ($1 billion) for a 15.2 percent stake in Brazilian medical-care providerRede D’Or Sao Luiz SA, according to two people with direct knowledge of the matter.
GIC acquired half the stake from the company’s founding Moll family and the rest from Grupo BTG Pactual, the people said, asking not to be identified because the terms aren’t public. The deal was signed Wednesday, the people said…
GIC Said to Pay $1 Billion for 15 Percent of Brazil’s Rede D’Or
