Singapore’s GIC discloses stake in US healthcare-data play MultiPlan

Singapore’s GIC discloses stake in US healthcare-data play MultiPlan

Singapore sovereign wealth fund GIC holds a shared 7.4 per cent stake in US healthcare data analytics company MultiPlan, according to a filing to the US Securities and Exchange Commission Thursday.

GIC has shared voting power on 49.61 million shares. MultiPlan shares closed at $9.37 in New York Stock Exchange (NYSE) trade Friday, suggesting a market value of $464.87 million for the stake.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter