EQT exits Singapore’s Econ Healthcare
EQT Partners has agreed to sell its 49% stake in Singapore’s Econ Healthcare to the company’s founder Chu-Poh Ong ahead of a regional expansion initiative.
Terms of the transaction were not disclosed. EQT and Ong formed a joint venture in 2012 to privatize China Healthcare - a holding company that controls the Econ brand - in a deal that valued the asset...
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