LONDON, July 28 (Reuters) - Singapore's sovereign wealth
fund has joined the Fortress-led private equity consortium
bidding to buy the British supermarket group Morrisons,
and will provide a portion of the funding, the groups said on
Wednesday.
The companies said GIC, the sovereign wealth fund, held
around 0.21% of the issued share capital of Britain's
fourth-largest supermarket.
Morrisons has agreed to a takeover led by SoftBank-owned
Fortress Investment Group, which valued Britain's
fourth-largest supermarket chain at 6.3 billion pounds ($8.8
billion).
($1 = 0.7202 pounds)
(Reporting by Kate Holton, Editing by Paul Sandle)
