Weekly investors roundup: GIC, KKR linked to $5.6 billion Ramsay Health Care deal; GPIF to invest in VCs and start-ups
Singapore's GIC is linked with KKR in a joint bid for the $5.6 billion Australia-based Ramsay Health Care buyout; Japan's GPIF is urged to tap on its $75 billion alternative investment war chest to grow start-ups in the country; Shenzhen-based insurer Funde Sino Life Insurance became the largest shareholder of National Trust; and more.
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Singapore sovereign wealth fund GIC has emerged as the potential investor to bankroll the mooted A$8 billion-odd ($5.6 billion) Ramsay Health Care property spin-off, should KKR pull off Australia’s biggest ever private equity buyout, according to the Financial Review on June 14.
Sources said GIC had committed to taking as much as an 80% stake in the mooted real estate company. It is not known what GIC has proposed to pay for the stake. Analysts have valued …
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