Fortis To Acquire 23.9% Stake in Singapore's Parkway Holdings
March 11, 2010, 06:00 PM | Jarna Gandhi
Fortis Healthcare Limited plans to acquire 23.9% stake in Singapore-based Parkway Holdings Limited from TPG Capital in an off market deal for an undisclosed sum.
However, the deal size is rumored to be around $685mn.
Royal Bank of Scotland Plc and Goldman Sachs Group Inc. advised TPG.