Temasek confirms 41% stake acquisition in Manipal Health Enterprises

The stake acquisition stems from their focus on longer lifespans.

Singapore's Temasek said it secured a 41% stake in India-based Manipal Health Enterprises to "focus on longer lifespans."

"At Temasek, we continue to seek opportunities in India that are aligned with our views on structural trends shaping the future. This includes our focus on Longer Lifespans, which looks at how healthcare can address the growing needs of longevity," Temasek said, responding in an email to Singapore Business Review when asked about the 41% stake acquisition.

According to news reports, the additional stake could be about $2b.

Manipal Hospitals has treatment including lifestyle clinic which offers benefits such as reducing cost of treatment, improve quality of life, and cuts number of hospitalisation days.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!