Singapore’s GIC takes 25% stake in Spanish broadband venture
Telecoms operators MasOrange and Vodafone Spain had anticipated selling a larger stake to an external investor
Related reading
Orange agrees €4.25bn deal to take full control of Spanish joint venture
Final agreement would mark end of French telecoms company’s joint venture with private equity group Lorca
Singapore’s GIC signals caution on private credit
Sovereign wealth fund highlights booming sectors’ shrinking yields and lack of experience of downturns
Are Singapore’s investment giants being left behind?
Temasek and GIC are integral to the finances of the south-east Asian city-state. But recent returns have compared unfavourably…
Telefónica proposes cutting 5,000 jobs in Spain
Plan presented to unions following stock slide sparked by failure to unveil broader changes at capital markets day
Vodafone to take full control of UK mobile operator in £4.3bn deal
CK Hutchison’s decision to sell 49% stake is latest in series of Hong Kong conglomerate’s asset disposals
CVC tax fraud probe threatens to rock Spain’s private equity sector
Prosecutors target leading dealmaker’s carried interest and firm’s use of overseas holding companies