GIC picks majority stake in Asia Healthcare
Mint Bangalore|December 19, 2024
Singapore sovereign fund GIC will invest an additional $150 million in Asia Healthcare Holdings (AHH) ahead of a potential initial public offering (IPO).
- Jessica Jani & Priyamvada C

Singapore sovereign fund GIC will invest an additional $150 million in Asia Healthcare Holdings (AHH) ahead of a potential initial public offering (IPO). The investment will make GIC the largest shareholder in AHH, and follows GIC's first investment of $170 million in the platform in February 2022.

The investment will likely value AHH at $800-900 million, according to a person aware of the development.

With the latest transaction, global private equity firm TPG will transition to a minority stakeholder in the healthcare platform, and GIC will hold the majority stake, according to the healthcare platform's release on Wednesday.

この蚘事は Mint Bangalore の December 19, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Mint Bangalore の December 19, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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