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Singapore's GIC to buy stake in Brazilian companies
(MENAFN) GIC Pte, Singapore"s sovereign wealth fund, has announced its plan in buying stakes in Brazilian companies as Singapore shows confidence in the world"s second-largest emerging market, according to Iran Daily
GIC has purchased 5.02 percent of communications technology provider Linx SA
GIC also plans to increase its stake in Sao Paulo-based food processor BRF SA in the current month, and to invest in water and sewage treatment company Aegea Saneamento e Participacoes next October.
GIC has purchased 5.02 percent of communications technology provider Linx SA
GIC also plans to increase its stake in Sao Paulo-based food processor BRF SA in the current month, and to invest in water and sewage treatment company Aegea Saneamento e Participacoes next October.
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