Temasek to shed 8-9% in Manipal Hospitals to sovereign wealth funds

Temasek to shed 8-9% in Manipal Hospitals to sovereign wealth funds

Temasek is paring its holding in Manipal Hospitals six months after it bought a controlling stake, but the Singapore sovereign wealth fund (SWF) will continue to hold 51% in the hospital chain, people aware of the development said. Temasek-owned Sheares Health is in advanced negotiations to sell 8-9% in Manipal Health Enterprises to Abu Dhabi … Read more