A representative for EQT declined to comment while a representative for GIC did not immediately have a comment.
Singapore’s sovereign wealth fund GIC has agreed to acquire a 25% stake in waste management company Reworld, according to people familiar with the matter.
GIC is buying the holding from Reworld’s owner, the investment firm EQT. A deal could be announced as soon as Wednesday, the people said, asking not to be identified discussing confidential information.
