GIC reaches €2.3bn deal to acquire Sani/Ikos Group
Global institutional investor GIC has entered into a strategic partnership agreement to acquire luxury beach resort group Sani/Ikos (SIG) in a €2.3bn deal. GIC will become the leading shareholder alongside SIG’s management team. Other investors in the group include Oaktree Capital, Goldman Sachs Asset Management, Moonstone, Florac and Hermes GPE