The potential investment would place QIA alongside existing shareholders HSG, previously known as Sequoia Capital China, Singapore’s Temasek and private equity firm Permira, which maintains a minority interest. Golden Goose saw a change in majority ownership in December 2025 after HSG acquired a controlling stake from Permira. The transaction valued the business at €2.5bn ($2.8bn), including debt. Should QIA proceed at this valuation, its potential interest would be valued at approximately €250m, accord ...