TOKYO, March 30 (Reuters) – Singapore’s GIC will jointly acquire Works Human Intelligence, a human-resources software provider in Japan, for $2.6 billion, Japan’s Nikkei business daily reported on its website on Thursday.
GIC will acquire about half of Works Human’s shares, the report said, with the rest held by Works Human executives and a new fund to be established by Bain.
It may be the biggest acquisition by the Singaporean sovereign wealth fund, it said. (Reporting by Kaori Kaneko)