GIC to buy out Cinven stake in Miller to become majority shareholder
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GIC to buy out Cinven stake in Miller to become majority shareholder

miller_logo_london_2021.png

Singapore sovereign wealth fund GIC is set to acquire Cinven’s share of London market broker Miller to become its majority shareholder.

The pair acquired Miller together in 2021 from WTW, which owned the wholesale broker for five years.

Miller said the agreement is a “major milestone” in its evolution, adding that GIC is a “long-term owner” committed to supporting its “entrepreneurial...

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