MUMBAI (Reuters) – Singapore-based Temasek said on Monday that it acquiring an additional 41% stake in India’s Manipal Health Enterprises, taking its total stake to 59% in one of India’s largest hospital chains.
Private equity firm TPG will fully exit Manipal Health, but reinvest via its new fund- TPG Asia VIII.
(Reporting by M. Sriram in Mumbai and Kane Wu in Hong Kong; Editing by Savio D’Souza)
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