{
GIC GROUP

Companies

}
GIC to Increase Stake in Asia Healthcare Ahead of Potential IPO
Singapore’s GIC plans to increase its stake in Asia Healthcare Holdings by 15% from TPG, potentially valuing the company at $800-900 million ahead of a public listing in the next couple of years. This move highlights the growing investor interest in India's private healthcare sector, which has seen a surge in public offerings since the pandemic. Additionally, Blackstone and Sattva Group are preparing to file papers for a $750-800 million office real estate investment trust.
Moneycontrol
Singapore Dollar GIC GROUP IND SGP
Finance & Economy, Market Report
03:24 05.12.2024
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