Singapore’s sovereign-wealth fund GIC Pte Ltd has undertaken a slew of equity related deals in the last 24 hours including, nearly doubling of its holdings in Britain’s Merlin Entertainments, the operator of Madame Tussauds waxworks and Legoland. It has also reduced its holdings in broadband-services provider HKBN Ltd; and is also subscribing to Joy City Property’s $820 million rights issue that will help the company pay down its recent buyout of Joy City Malls.
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