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Khazanah selling RM8.42b stake in IHH Healthcare to Mitsui in portfolio revamp[KUALA LUMPUR] Malaysia's Khazanah Nasional Bhd is selling a 16 per cent stake in Singapore-listed IHH Healthcare Bhd to Mitsui & Co Ltd for about RM8.42 billion (S$2.76 billion) in cash, kicking off a restructuring of the sovereign wealth fund's portfolio under a new government. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
IHH 'evaluating' court's stay on Fortis bid; subscription for 31% stake in target unaffectedIHH Healthcare confirmed on Monday that the Indian Supreme Court has put on hold its acquisition of Fortis Healthcare, but said that its subscription for a 31.1 per cent stake in the target is not affected by the ruling. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »