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Buyout major Cerberus to buy Singapore's SGI to gain toehold in frontier markets

Buyout major Cerberus to buy Singapore's SGI to gain toehold in frontier markets

Stephen A. Feinberg Co-Founder and Chief Executive Officer, Cerberus Capital Management

Private equity firm Cerberus Capital Management LP said on Thursday it has agreed to buy SGI Frontier Capital Pte Ltd, giving it a foothold to invest in frontier markets in Asia and Africa.

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