📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      What percentage of stake has Temasek Holdings bought

      from the promoters and other investors including TPG and National Investment and Infrastructure Fund?
      A 18% Correct Answer Incorrect Answer
      B 41% Correct Answer Incorrect Answer
      C 59% Correct Answer Incorrect Answer
      D 82% Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Singapore-based private-equity giant Temasek Holdings has increased its stake in Manipal Health Enterprises by buying an additional 41 per cent from the promoters and other investors including TPG, a US-based private-equity firm, and the National Investment and Infrastructure Fund (NIIF) at an enterprise valuation of Rs 40,000 crore. With this, the Temasek stake will increase to 59 per cent from 18 per cent.

      Practice Next
      More Beepedia Questions