SWF Radar

Singapore GIC says UBS stake will be slightly diluted

Posted by Editor on October 16, 2008 at 05:38 AM

Thomson Reuters reports that, “The Government of Singapore Investment Corp (GIC) said on Thursday its over 9 percent stake in UBS AG will be diluted by the Swiss government’s move to invest 6 billion francs in the embattled lender.”

Tags: GIC, UBS
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