[Singapore sovereign wealth fund GIC will buy about 25% of Messer for about 2 billion euros] Messer SE, a German industrial gas manufacturer, was invested by GIC at a valuation of more than 12 billion euros, according to people familiar with the matter. GIC, Singapore's sovereign wealth fund, will buy about 25 per cent of Messer for about 2 billion euros, according to people familiar with the matter. Messer will reportedly use the money to acquire full control of Messer Industries Ltd. (Messer Industries GmbH), a joint venture run by Messer and private equity firm CVC Capital Partners. While taking over the joint venture and bringing in outside investors could pave the way for Messer's future IPO, Stefan Messer, Messer chairman, has repeatedly said he favours keeping the family business private. (Bloomberg)