GIC almost takes out principal investment amount from Hero MotoCorp part-exit

By TEAM VCC

  • 02 Aug 2016
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Other | Credit: Reuters

Singapore's GIC, one of the most active sovereign wealth funds in India, has just about pulled out the initial investment it made in Hero MotoCorp Ltd, in its first known exit activity in India this year, according to VCCircle estimates.It sold a third of its remaining stake recently for around ......

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