Singapore’s GIC grabs more shares off Indian supermarket’s shelves

By Ranjani Raghavan

  • 11 Feb 2020
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Credit: Reuters

Singapore sovereign wealth fund GIC Pte. Ltd has increased its stake in a supermarket chain nearly three years after its initial investment.  It acquired additional fresh shares in listed supermarket chain DMart, which is operated by Avenue Supermarts Ltd and promoted by Radhakishan Damani, bringing its total stake in the firm ......

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