GIC Special Investments — the investment arm of the Singaporean government — and JP Morgan are set to acquire a minority stake in Ballarpur Paper Holdings (BPH), a subsidiary of India's Ballarpur Industries (BILT). The two firms are shelling out 175 million to buy a 21 % stake in BPH, which was created as a special purpose vehicle for the acquisition of Malaysia's Sabah Forest Industries (SIT) early last year.
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机译：新加坡政府的投资机构GIC Special Investments和JP摩根将收购印度Ballarpur Industries（BILT）的子公司Ballarpur Paper Holdings（BPH）的少数股权。两家公司斥资1.75亿美元收购BPH 21％的股份。BPH是去年年初收购马来西亚沙巴森林工业公司（SIT）的特殊目的。
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