GIC Bets on Greek Luxury Resorts After Agreeing to Acquire a Majority Stake in Sani/Ikos Group

Posted on 09/22/2022

Singapore’s GIC Private Limited acquired a majority stake in Mediterranean luxury beach resort Sani/Ikos Group. The deal values the company at €2.3 billion euros. GIC has bought a stake held by investors that include Oaktree Capital Management L.P., Goldman Sachs Asset Management, Moonstone, Florac, and Hermes GPE. Andreas Andreadis and Mathieu Guillemin will continue to…

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