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.
Bu hikaye Mint Kolkata dergisinin December 19, 2024 sayısından alınmıştır.
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Bu hikaye Mint Kolkata dergisinin December 19, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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