GIC plans to invest in  Paper  Boat  maker Hector Beverages

By Sneha Shah

  • 18 Aug 2022
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Credit: Reuters

Singapore’s sovereign fund GIC Pte. Ltd is looking to invest $70 million in Hector Beverages, the maker of Paper Boat beverages and packaged foods, three people aware of the development said. The deal, likely to be announced soon, values the company at $250-280 million, the people said on the condition ......

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