04.11.2011 - Singapore sovereign wealth fund to hold 6.25pct in Fortis Healthcare India
Fortis Healthcare (India) Ltd. Thursday said GIC Special InvestmentsPte. Ltd. now holds a 6.25% stake in the company after the Singapore sovereign wealth fund converted the bonds issued to it into shares. Lathe Investment Pte. Ltd., an investment vehicle affiliated to GIC, converted the bonds at a price of 167 rupees a share, the Indian hospital chain operator informed the Indian stock exchanges...............................................Full Article: Source
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