| Metro Pacific Investments Corp. plans to acquire 12 hospitals this year, which will bring its current network of medical facilities to 20. MPIC, together with GIC, Singapore’s sovereign wealth fund through its private equity arm, announced last year they were looking at opportunities in the healthcare industry in the Asean region while plans were also underway for domestic expansion.
MPIC and GIC earlier signed a definitive partnership agreement to facilitate the further expansion of the hospital group of MPIC...............................................Full Article: Source
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