Announced
QIA to acquire an 89% stake in Nitro Trust from Brookfield, GIC Private, and BCI.
Synopsis
QIA, a sovereign wealth fund, agreed to acquire an 89% stake in Nitro Trust, an infrastructure company, from Brookfield, an alternative asset management company, GIC Private, a fund established by the government of Singapore, and BCI, a provider of investment management services. Financial terms were not disclosed.
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