Temasek may pick 33% more in Manipal Health to become majority shareholder
Mumbai: Singapore’s sovereign fund, Temasek Holdings, will raise its stake in Manipal Health Enterprises to about 51% from the current 18%, making it the largest investor in India’s biggest hospital chain, people aware of the matter said. Temasek is set to make an investment of about ₹13,200 crore ($1.6 billion) to buy an additional 33% … Read more