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Singapore’s SWF Temasek is inching out of Manipal Hospitals through its Sheares Health unit. Sheares wants to sell just under 10% of assets. However, Temasek still plans to retain 50% of shares, for the time being. Abu Dhabi’s Mubadala will buy the stake, with partner Brunei Investment Agency. Temasek’s plans for Manipal Hospitals was announced… ....
Singapore's state-owned investor was one of the earliest foreign investors in India's healthcare sector. Its most recent hospital deal shows the resilience of the industry's appeal. ....