GIC, Temasek to buy $468m worth of shares each in Swiss travel retailer Dufry

Singapore’s sovereign wealth fund GIC and the city state’s government owned investment arm Temasek Holdings, along with Qatar Investment Authority, have each committed to buying up to 450 million Swiss francs ($468 million) worth of new shares in Swiss company Dufry AG as part of the later’s buyout of Italy’s World Duty Free SpA (WDF).