Mar 14, 2012, 09.50 PM | Source: Reuters
Government of Singapore Investment Corp has invested USD 100 million for a minority stake in India's Vasan Health Care Pvt Ltd.
The investment will help Vasan expand its network that consists of 102 eye care hospitals and 14 dental treatment centres, the Indian company said on Wednesday.
GIC is Singapore's main sovereign wealth fund and manages an estimated USD 300 billion in assets. It also has a stake in Fortis Healthcare .
Bhavdeep Singh, CEO, Fortis Healthcare says Fortis
According to Sharmila Joshi of sharmilajoshi.com,
However, the company's consolidated total income f
Fortis Healthcare's board meeting will be held on
Under the deal, Fortis will be carrying out the re