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Singapore’s sovereign fund GIC part-exits Marico with 2x

By Bhawna Gupta

  • 21 Jan 2015
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Singapore’s sovereign fund GIC part-exits Marico with 2x

Singapore’s GIC, one of the most active sovereign wealth funds in India, has part-exited from FMCG firm Marico Ltd by selling over a quarter if its holding. This comes soon after it completely exited Marico Kaya Enterprises, the demerged beauty and wellness services firm of the company.It pocketed around Rs ......

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