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Sovereign Wealth Funds Briefing - Categorized | Financials, Investment

Khazanah fund picks up 8.8pct in Apollo Hospitals

Posted on 25 March 2011

Integrated Healthcare Holdings, a fund managed by Singapore’s sovereign wealth fund Khazanah, has picked up an 8.82% stake in Chennai-based Apollo Hospitals Enterprises in an off-market deal.
According to market sources, the Khazanah fund has bought the stake in the corporate hospital chain from its sister fund Bisikan Bayu Investments. Though the consideration paid by Integrated Healthcare Holdings was not immediately known, analysts put the deal size at around the R500 crore……………………………………….Full Article: Source

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