Demarest advises GIC on Brazilian hospitals deal
Demarest Advogados advised GIC, the Singapore sovereign wealth fund, on a deal to increase its stake in the Brazilian hospital operator Rede D’Or.
GIC purchased a 1 per cent stake in the company from BTG Pactual for $87.7 million.
Law firm BMA (Barbose Müssnich Aragão) advised BTG Pactual on the deal.
In May this year, Demarest advised GIC on the acquisition of a 15 per cent stake in Rede D’Or for $1 billion.