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Friday, October 19, 2012 - 09:54 IST
Fortis-sponsored hospital services biz trust raises $419M via Singapore listing
BY TEAM VCC
Units of Religare Health Trust were trading around 10% discount to the IPO price before the close of trading on debut on Friday.
Fortis Healthcare Limited (Fortis)-sponsored Religare Health Trust, which houses the hospital services business of the healthcare firm, has raised S$510.7 million ($419 million) by listing its units on the Singapore Exchange. This marks the largest IPO of a...
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