GIC buys 6.9% stake in Hyatt

Reported by Straits Times on Friday, 13 November 2009 (on November 13, 2009)

THE Government of Singapore Investment Corporation (GIC) says it has bought three million 'Class A' shares of Hyatt Hotels Corporation, which raised US$950million (S$1.3billion) this month in an initial public offering (IPO).

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