(Reuters) - Government of Singapore Investment Corp (GIC) and Canada's Ontario Teachers Pension Plan are among final bidders to buy stakes in South Korea's unlisted Kyobo Life Insurance, sources said, in deals worth up to $1.4 billion.
GIC has teamed up with Affinity Equity Partners to buy the 24 percent stake in Kyobo held by Daewoo, one of the sources said, while Carlyle has bid with the United Arab Emirates sovereign wealth fund, the Korea Economic Daily reported. Full story
