Tag: GIC
Duke Energy to divest $2bn worth stake in Duke Energy Indiana to GIC
Duke Energy has signed a deal worth $2.05 billion to sell a 19.9% stake in its Indiana electric utility subsidiary - Duke Energy Indiana (DEI) ... Read More
Blackstone wraps up $4.7bn acquisition of US genealogy company Ancestry
Private equity funds managed by Blackstone have wrapped up their previously announced $4.7 billion acquisition of US genealogy company Ancestry. The online family history business ... Read More
Specialist insurance broker Miller Insurance to be acquired by Cinven and GIC
Cinven, a private equity firm, and GIC, the Singaporean sovereign wealth fund, have signed a deal to acquire UK-based specialist insurance broker Miller Insurance for ... Read More
Mukesh Ambani’s Reliance Retail Ventures secures $2.36bn foreign investments
Reliance Industries has secured equity investments totaling INR172.75 billion ($2.36 billion) for its retail holding subsidiary Reliance Retail Ventures Limited (RRVL) through multiple deals. On ... Read More
California-based fintech company Affirm raises $500m in Series G round
Affirm, a California-based fintech company, which claims to offer a more flexible and transparent alternative to credit cards, has raised $500 million in a Series ... Read More
Klarna pockets $650m funding for e-commerce payment solutions
Klarna, a Swedish fintech company, which serves as an e-commerce payment solutions platform for merchants and shoppers, has pocketed $650 million in a new funding ... Read More
IndiGrid to buy $1.6bn transmissions assets in India from Sterlite Power
India Grid Trust (IndiGrid), an Indian infrastructure investment trust, is set to acquire five electricity transmission assets in India, worth INR11,500 crores ($1.66 billion) from ... Read More
Food delivery service provider DoorDash raises $400m in new funding round
California-based food delivery service provider DoorDash raised $400 million in Series F financing led jointly by Singaporean investment company Temasek and Dragoneer Investment Group. The ... Read More