06-Sep-2017 8:05 AM
GIC to Invest in BBAM Through Acquisition of Significant Minority Interest
Direct News Source
05-Sep-2017 GIC, Singapore's sovereign wealth fund, today announced it has, through its affiliates, agreed to acquire a c. 30% interest in BBAM, the world's largest manager of investments in leased commercial jet aircraft. The transaction is expected to close by September 30, 2017, subject to certain conditions and approvals.
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