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GIC takes minority stake in Nordic Aviation Capital

Reuters Published on Tue, Oct 16, 2018 / 2:19 PM GMT+8

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SINGAPORE (Oct 16): Singapore sovereign wealth fund GIC is taking a minority stake in Denmark-based Nordic Aviation Capital (NAC), the world's largest lessor of regional aircraft said in a statement.

The deal will see the sovereign wealth fund join NAC's founder, Martin Møller and Swedish private equity firm EQT VI as significant minority investors in NAC.

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