Singapore: Rowsley Ltd to acquire Thomson Medical Group in $1.18b deal

Singapore: Rowsley Ltd to acquire Thomson Medical Group in $1.18b deal

Medical equipment in an operating theatre

Mainboard-listed property developer Rowsley Limited is set to acquire the Thomson Medical healthcare businesses from Peter Lim for a consideration of S$1.6 billion ($1.18 billion) in a deal to be paid mostly in stock.

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