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Singapore’s sovereign fund GIC exits FMCG firm Marico

By Bhawna Gupta

  • 14 Jul 2015
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Singapore’s sovereign fund GIC exits FMCG firm Marico

Singapore’s GIC, one of the most active sovereign wealth funds in India, has exited its three-year old investment in Marico Ltd, the maker of Parachute coconut hair oil and edible oil brand Saffola. This comes a year after it sold its entire stake in Marico Kaya Enterprises Ltd, the demerged ......

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