IPOs & Markets
Metro Pacific Investments currently has an 85.6% stake in Metro Pacific Hospitals, while Singapore's GIC owns the rest of the unit.
Other investors joining the round include new backers Global Founders Capital and TDM Growth Partners.
Huawei Technologies Co Ltd has been fighting a trade ban from Washington that has hurt its business since May.
The next round of funding will be used for expansion in markets such as Japan, South Korea and Taiwan.
Brookfield announced it closed the acquisition of Healthscope last June at a valuation of $4.38 billion.
LGT will acquire the management organisation of Aspada and a significant majority position of its portfolio from Aspada’s sole shareholder SEDF.
The investment from South Korean venture capital firm Solborn Investment values the company at $245 million post-money.
Manipal could not secure the finances to close the deal, resulting in another setback for Manipal, which lost out on its bid to acquire the Fortis ho
Metro Pacific Investments has said it plans to sell a 40% stake in Metro Pacific Hospitals at a valuation of $2-$2.5 billion.
The financing will be used by ATEC to launch the world’s first PAYGO (pay-as-you-go) model for biodigesters.
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