GIC to invest £1.1 billion in Hutchison Whampoa's enlarged UK telecoms business

GIC to invest £1.1 billion in Hutchison Whampoa's enlarged UK telecoms business

GIC Logo

Singapore’s sovereign wealth fund GIC Pte Friday said it will invest £1.1 billion (British pounds), alongside four other institutional investors to acquire 33 per cent of the combined businesses of Three and O2 UK for £3.1 billion.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter