Linklaters and Freshfields Bruckhaus Deringer have taken on key roles as Singapore's sovereign wealth fund GIC prepares to become co-owner of roadside assistance provider RAC.
September 28, 2014 at 07:20 PM
1 minute read
The original version of this story was published on Legalweek
Linklaters and Freshfields Bruckhaus Deringer have taken on key roles as Singapore’s sovereign wealth fund GIC prepares to become co-owner of RAC, the UK’s second largest roadside assistance provider.
Following the investment, which is due to be completed by the end of the year, GIC and private equity house The Carlyle Group will jointly own a majority stake in the business with RAC management holding the remaining shares.
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