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GIC to Become Largest Shareholder in Asia Healthcare Holdings Ahead of IPO
Singapore's GIC is set to increase its stake in Asia Healthcare Holdings (AHH) by acquiring an additional 15% from TPG, positioning itself as the largest shareholder ahead of AHH's anticipated listing within the next one to two years. This move follows GIC's status as the largest foreign portfolio investor in the Indian market, with assets valued at Rs 2.69 lakh crore, significantly surpassing its closest competitors.
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