Parkway Holdings playing hardball
The leading contenders to take majority control of Singaporean hospital management firm Parkway Holdings Ltd. have separately experienced hurdles in their quest to obtain their acquisition target, extending the highly contested race that began in March.
Last week, Parkway released its response to Khazanah Nasional Bhd.’s $835 million acquisition bid: a resounding no. The news came one month after the $25 billion Malaysian SWF first announced its intention...
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