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Singapore’s sovereign fund GIC part exits Hero MotoCorp with over 2x

By Bhawna Gupta

  • 11 Nov 2014
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Singapore’s sovereign fund GIC part exits Hero MotoCorp with over 2x

Singapore’s GIC, one of the most active sovereign wealth funds in India, has part-exited from Hero MotoCorp Ltd, the world's largest two-wheeler maker by volume, in sync with its co-investor Bain Capital, which has now sold bulk of its holding in the company.GIC sold around 1 per cent in the ......

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