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Did Singapore’s GIC make any money from selling nearly all its DLF shares?

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Did Singapore’s GIC make any money from selling nearly all its DLF shares?
Credit: VCCircle

Singaporean sovereign wealth fund GIC Pte. Ltd appears to have walked away with sub-par returns by selling the bulk of its stake in DLF Ltd, India’s largest listed real estate developer. GIC (formerly Government of Singapore Investment Corporation Pte. Ltd), which has been invested in DLF since some time in mid-2011, ......

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