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Sovereign Wealth Funds Briefing - Categorized | Market

Healthy outlook for IHH

Posted on 02 November 2012

Just over two years ago, IHH Healthcare Bhd was locked in a battle for Singapore’s Parkway Group with the Singh Bothers of India’s Fortis Group. The strategic chess match went on for weeks until IHH’s major shareholder, the Malaysian sovereign wealth fund Khazanah Nasional Bhd, put its muscle behind IHH.
The Parkway acquisition and the purchase of a 60% stake in Turkey’s Acibadem Group have made IHH the world’s second largest healthcare group, behind only US-based HCA Holdings Inc and ahead of Bangkok Dusit Medical Services Plc of Thailand………………………………………..Full Article: Source


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