Manipal Health Enterprises’ INR92.75 billion (US$977 million) initial public offering has attracted a slew of global state-owned investors with Singapore’s Temasek seeing a modest dilution of ownership, but foreign sovereign wealth funds and public pension funds still hold 50.3% of the newly listed hospital group.Temasek’s interest fell from 50.01% to...
Manipal Health Enterprises’ INR92.75 billion (US$977 million) initial public offering has attracted a slew of global state-owned investors with Singapore’s Temasek seeing a modest dilution of ownership, but foreign sovereign wealth funds and public pension funds still hold 50.3% of the newly listed hospital group.Temasek’s interest fell from 50.01% to...