Staff Reporter
,
Singapore
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It expects to close the transaction in Q1 2025.
Singapore's sovereign wealth fund, GIC, will acquire a 25% stake in Reworld™, a sustainable waste solutions provider.
GIC will acquire the stake from EQT Infrastructure V fund (EQT Infrastructure), which took the company private in November 2021.
EQT Infrastructure will remain the largest shareholder of the company post-acquisition.
GIC will acquire the stake via a combination of primary and secondary capital.
It expects to close the transaction in Q1 2025.
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