Singapore GIC May Buy 15% In Vasan Healthcare

VCCircle, 22 Jun 2011
GIC May Buy 15% In Vasan Healthcare - Specialist eye hospitals chain Vasan Healthcare is in advanced talks to sell up to 15% stake to Singapore sovereign wealth fund GIC for around $75-100 million (Rs 337-450 crore). GIC is the frontrunner among 4-5 investors the Chennai-based company is negotiating with. Full story