industry

Singapore fund Temasek grabs majority stake in Manipal Health in $2billion+ deal


In the largest deal in the Indian healthcare space, Singapore’s sovereign wealth fund Temasek Holdings has bought a majority stake in Bengaluru-based Manipal Health Enterprises for over $2 billion. Manipal Health Enterprises runs India’s second-biggest hospital chain, Manipal Hospitals, with 29 hospitals across 16 cities. Apollo is the country’s biggest chain.



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