5 de mayo de 2015 / 16:28 / en 3 años

Singapore's GIC in talks to buy stake in Brazil's Rede D'Or -Bloomberg

May 5 (Reuters) - GIC Pte, Singapore’s sovereign wealth fund, is in talks to buy a 14 percent stake worth up to $980 million in Brazil’s largest hospital chain, Rede D‘Or Sao Luiz, Bloomberg reported, citing people familiar with the matter.

GIC, which could announce a deal within a month, may pick up the stake from the company's founders Moll family and Grupo BTG Pactual SA, Latin America's largest independent investment-banking firm, Bloomberg said. (bloom.bg/1PlEVqG)

Private-equity firm Carlyle Group LP last week paid about $600 million to pick up a stake in Rede D‘Or, after a government decision in January allowed foreign ownership of Brazilian hospitals and health clinics.

GIC and Rede D‘Or could not be reached for comment. (Reporting by Ankush Sharma in Bengaluru; Editing by Sriraj Kalluvila)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below