GIC Participated in Allied Minds Private Placement

Posted on 12/05/2016

On December 1, 2016, Boston-based Allied Minds, a company that backs inventions, raised approximately £64 million in equity in a private placement, placing 17,448,847 in new ordinary shares at a price of 367 pence per placing share. Singapore’s GIC Private Limited increased its equity stake through the private placement. Woodford Investment Management LLP owns a […]

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