GIC acquires 10% stake in Terminal Investment Limited

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SINGAPORE (May 3): GIC, Singapore’s sovereign wealth fund, has acquired a 10% interest in Terminal Investment Limited (TIL).

TIL is the sixth largest container terminal operator in the world, from Global Infrastructure Partners (GIP) and other existing co-investors.

TIL has a globally diversified portfolio that handles the container volumes of the Mediterranean Shipping Company (MSC), the world’s second largest container shipping line, and other third parties including Maersk which is...(click on link for full story on theedgesingapore.com)