Temasek Holdings in Talks to Acquire a Stake in India-Based Cloudnine Hospitals
Posted on 02/28/2023
Singapore’s Temasek Holdings is in talks to acquire an ownership stake in Cloudnine Hospitals, an Indian hospital chain. The deal would value the Bengaluru-based hospital chain at approximately Rs 30 billion. Temasek could buy a 15% to 20% stake in Cloudnine Hospitals for around Rs 5 billion. Existing investor, NewQuest Capital is also investing about…
