Temasek to Buy Controlling Stake in CARE Hospitals

Posted on 12/15/2015


Singapore’s Temasek Holdings is planning to acquire a 72% interest in Hyderabad-based CARE Hospitals from private equity firm Advent International for 18 billion rupees (US$ 269 million). Originally, Temasek was planning on partnering with a private equity growth fund managed by TPG Capital to form a consortium to buy CARE Hospitals. TPG Capital decided to […]