Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jun, 08 2018

Temasek eyes stake in Asia Healthcare

Asia Healthcare is also in talks with Warburg Pincus and some global pension funds, according to the report.

Temasek eyes stake in Asia Healthcare

Singapore state investor Temasek Holdings is in advanced discussions to pick up 30-35% stake in Asia Healthcare Holdings, a healthcare platform of TPG Growth, for $100 million, The Economic Times reported, citing two people aware of the development.

The funds from the stake sale will be used for growth capital, the report added.

TPG Growth is the middle-market and growth-equity investment platform of global alternative asset firm TPG.

Asia Healthcare currently holds TPG Growth’s investments in Rhea Healthcare Pvt. Ltd, which runs a hospital chain under the Motherhood brand; and Cancer Treatment Services International.

In April 2016, TPG Growth had picked up a 65% stake in Cancer Treatment Services for $33 million. In July 2016, TPG Growth had invested $33 million in Rhea Healthcare for a significant majority stake.

Asia Healthcare is also in talks with Warburg Pincus and some global pension funds, according to the report.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Packaged Food Products & Supply
    H.P. Horticulture Produce Marketing & Processing Corporation (HP State Government..
    Locations looking for expansion Punjab
    Establishment year 1974
    Franchising Launch Date 2020
    Investment size Rs. 5lac - 10lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ropar Punjab
  • Robotics & Technical Training
     About Us:  ROBOTICS AND STEM learning.  TinyBots is an initiative of a scienc..
    Locations looking for expansion Maharashtra
    Establishment year 2012
    Franchising Launch Date 2019
    Investment size Rs. 50000 - 2lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Pune Maharashtra
  • Ice Creams & Yogurt Parlors
    Established in the year 1956 at Fatehpuri Delhi, Giani Ice..
    Locations looking for expansion Delhi
    Establishment year 1956
    Franchising Launch Date 2000
    Investment size Rs. 20lac - 30lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    The Journey started in 1984…It all began with a dream..
    Locations looking for expansion Maharashtra
    Establishment year 1984
    Franchising Launch Date 2021
    Investment size Rs. 5lac - 10lac
    Space required 350
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater pune Maharashtra
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities