SG Dealbook: GIC-backed group bids for Sithe Power assets, Xpress Holdings launches China JV

SG Dealbook: GIC-backed group bids for Sithe Power assets, Xpress Holdings launches China JV

Dusk view of Singapore's downtown. Credit:Flickr/Jerry van Krasten

GIC is part of a consortium bidding for a stake in power plant assets that Sithe Global Power is divesting in the Philippines, while Xpress Holdings has launched a JV firm to operate supermarkets in China.

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