Singapore's GIC ups stake in infrastructure holding

Reuters, 21 Jun 2011
nfrastructure holding company Sintonia said in a statement on Tuesday a unit of the Government of Singapore Investment Corporation (GIC) had financed a 92.6 million euro capital increase which allowed Sintonia to buy a further 0.96 percent of Atlantia last month.
Following the move, the stake of GIC's Elmbridge Investment Pte Ltd in Sintonia rose to 8.92 percent, the company said in the statement. Full story