Singaporean sovereign wealth funds Temasek Holdings (Pte.) Ltd. and GIC Pvt. Ltd. and investment firm Metric Capital Partners LLP (Unspecified Vehicle) are close to acquiring a minority stake in Dream International, a subsidiary of Turkish-owned Dogus Group that operates high-end restaurants, the Financial Times reported.
The purchase, including an equity investment of $200 million, would value Dream International at roughly $1.5 billion.
Temasek and Metric Capital declined to comment on the matter while GIC did not immediately respond to a request for comment, the Financial Times said.
