February 5, 2015 / 4:16 AM / 5 years ago

Singapore's GIC buys 5 pct stake in TV ratings firm Nielsen

SINGAPORE, Feb 5 (Reuters) - Singapore sovereign wealth fund GIC has bought a 5 percent stake in Nielsen NV , a leading provider of TV audience ratings data, for an undisclosed amount, according to a regulatory filing.

GIC Private Ltd disclosed its holding of common stock in Nielsen, which has a market value of $16.7 billion, in a U.S. Securities and Exchange Commission filing dated Feb 4.

Over the past year, GIC, ranked by the Sovereign Wealth Fund Institute as the world’s eighth-largest fund with $320 billion of assets, has taken a series of stakes in businesses in both emerging and developed markets. (Reporting by Anshuman Daga; Editing by Kenneth Maxwell)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below