06-Feb-18, ET Healthworld
Malaysia’s IHH Healthcare and Singapore investor Temasek Holding are in separate discussions to acquire controlling interest in Global Health, the parent of Naresh Trehan-founded Medanta hospitals, in a deal valued at around INR5,800 crore (USD900 mn).
%20ET%20Healthworld.jpg "Malaysias IHH Temasek eye majority stake in Medanta (c) ET Healthworld")
Image: ET Healthworld
IHH Healthcare, the world’s second-largest hospital chain by market value, is keen on becoming a strategic partner to Trehan, a well-known cardiovascular surgeon turned medical entrepreneur, who will retain significant minority ownership. IHH is attempting to string together shares held by Carlyle, Temasek and the founding partners of Trehan, to gain a majority share.