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Singapore sovereign fund bids $1.5b for five resorts

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Published on 23/02/11 - Updated on 17/03/22

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Government of Singapore Investment Corp, which has shares in Hyatt, has bid US$1.5 billion for five US luxury resorts controlled by billionaire John Paulson. They made the bid public during a bankruptcy court hearing in mid February. CNL-AB LLC (a joint venture of Paulson & Co., Winthrop Realty...

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