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How much return did GIC generate from Hero MotoCorp exit?

By Joseph Rai

  • 12 Apr 2017
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How much return did GIC generate from Hero MotoCorp exit?
Credit: Thinkstock

Singapore’s sovereign wealth fund GIC has fully exited the investment it made in Hero MotoCorp Ltd six years ago, which had helped the Munjal family buy out Japan’s Honda Motor Co's stake in their over-two-decade-old joint venture.Global private equity firm Bain Capital, which had invested along with GIC, fully exited ......

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