26-03-2024, 11:22 AM
GIC, Blackstone property deal breaks down over pricing"
Talks between Singapore’s sovereign wealth fund GIC and global asset manager Blackstone Inc for a property sale broke down over valuation issues as GIC was not prepared to meet the price that Blackstone had on the table.
Sources said that both the parties have walked away from the deal as they could not agree on the pricing"
https://www.thehindubusinessline.com/new...%20pricing
Talks between Singapore’s sovereign wealth fund GIC and global asset manager Blackstone Inc for a property sale broke down over valuation issues as GIC was not prepared to meet the price that Blackstone had on the table.
Sources said that both the parties have walked away from the deal as they could not agree on the pricing"
https://www.thehindubusinessline.com/new...%20pricing