GIC to acquire a 25% stake in Reworld from EQT.

GIC, a sovereign wealth fund firm, agreed to acquire a 25% stake in Reworld, a waste management company, from EQT, a private equity firm. Financial terms were not disclosed. “This partnership propels Reworld forward by significantly enhancing our ability to serve our customers and communities as their needs evolve. With the combined support of EQT and GIC, we are in an excellent position to accelerate the growth of our innovative waste solutions, amplify our zero-waste initiatives, decrease reliance on landfills, and contribute to a more sustainable and resilient future for everyone,” Azeez Mohammed, Reworld President and CEO.