Singapore billionaire makes offer for Thomson Medical

Business Spectator, 29 Oct 2010
SINGAPORE - Singaporean billionaire Peter Lim has offered to buy Thomson Medical Centre for $S513 million ($US396 million), hoping to tap into Asia's growing healthcare demand.
Mr Lim made the offer after his investment firm agreed to buy a 39.34 percent stake in the company from Thomson's largest shareholder and founder Dr Cheng Wei Chen and his family...Full story

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