| Temasek, the Singapore government's investment company that has $223 billion in assets, is set to acquire a stake of about 18% for nearly Rs 700 crore in Global Health Pvt. Ltd, which owns, manages and operates Medanta hospital in Gurgaon outside Delhi, two people familiar with the matter said.
The Singapore-backed investor is in advanced discussions with Punj Lloyd Ltd, one of the founding promoters of Medanta along with cardiac surgeon Naresh Trehan and Sunil Sachdeva. Punj Lloyd is a Delhi-based diversified engineering and project management company run by Atul Punj. The deal is expected to be announced early this week...............................................Full Article: Source
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