Singaporean sovereign wealth fund joins Fortress Morrisons consortium

Morrisons pilot new fascia

Singaporean sovereign wealth fund GIC has joined the consortium bid led by Fortress for supermarket giant Morrisons.

In a statement this morning GIC said it had joined the consortium through its investment vehicle Cambourne Life Investment as an additional co-investor for the £6.3bn recommended offer for the supermarket chain. 

 

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