GIC to acquire a 9.9% stake in Anticimex for $356m.

GIC, a Singaporean sovereign wealth fund, agreed to acquire a 9.9% stake in Anticimex, an international modern pest control company, from EQT Partners for $356m. "EQT is pleased to welcome GIC as a new investor and business partner that can help strengthen Anticimex' position in Asia. Anticimex will now continue its journey towards becoming the global leader in preventive pest control with further international expansion and investments in the next generation of digital pest control technologies. Bringing in investors like GIC is part of EQT's continuous effort to internationalize Anticimex' shareholder base and strengthen the Company with value-adding partners," Per Franzén, EQT Partner.