Sat, Aug 30, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Investment

GIC may buy 15pct in Vasan Healthcare for $100 mln

Posted on 22 June 2011

KP BalarajSpecialist eye hospitals chain Vasan Healthcare is in advanced talks to sell up to 15% stake to Singapore sovereign wealth fund GIC for around $75-100 million ( 337-450 crore), two people familiar with the negotiations said.
GIC is the frontrunner among 4-5 investors the Chennai-based company is negotiating with, the two persons said, although the Singapore fund declined to comment. Vasan, which runs the country’s largest chain of eye hospitals, said it was talking to 4-5 investors. “We expected to close the deal in eight weeks,” Chairman Dr C M Arun said……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 14644 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031