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GIC To Invest In BBAM Through Acquisition Of Significant Minority Interest
GIC, Singapore’s sovereign wealth fund, today announced it has, through its affiliates, agreed to acquire a c. 30% interest in BBAM, the world’s largest manager of investments in leased commercial jet aircraft. The transaction is expected to close by September 30, 2017, subject to certain conditions and approvals. GIC will acquire its interest in BBAM…