From Livemint.com: Brothers Malvinder and Shivinder Mohan Singh withdrew from the battle for Singapore-based healthcare chain Parkway Holdings Ltd, agreeing to sell their 25% stake to Malaysian state fund Khazanah Nasional Bhd for a premium over the price they had bought it for.
The Singhs stand to make an estimated $85 million (around Rs399 crore) from the trade, besides having gained information about expansion opportunities during their Parkway stint..............................................Full Article: Source
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