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Sovereign Wealth Funds Briefing - Categorized | Investment

Singapore wealth fund GIC takes minority stake in Vasan Healthcare for Rs498 crore

Posted on 16 March 2012

Singapore’s sovereign wealth fund, Singapore Investment Corp. Pte Ltd (GIC), has acquired minority stake in eye care hospital chain Vasan Healthcare Pvt. Ltd, for $100 million (Rs498 crore).
Without disclosing the stake size, Vasan Healthcare, which operates 102 eye care hospitals and 14 dental treatment centres in 11 states, said that it would use the funds to expand in new geographies and make acquisitions………………………………………..Full Article: Source


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