Singapore's TIH buys $46m portfolio from Temasek unit
Singapore-listed private equity firm TIH has purchased a majority stake in a resources and healthcare-focused portfolio from a unit of Temasek Holdings for S$62 million ($45.8 million).
TIH will take a 55% stake in the portfolio, while Temasek's Republic Technologies will retain the remaining 45%. According to a statement, the transaction will be financed by a combination of cash and...
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