Abu Dhabi-based Mubadala, 2 other funds acquire 8% stake in Manipal Health
Tue, Feb 6, 2024 12:23 AM

Abu Dhabi-based Mubadala, 2 other funds acquire 8% stake in Manipal Health

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Mubadala Investment Company announced on Monday that it will invest in Manipal Health Enterprises, with Temasek maintaining a majority stake. Temasek had acquired 41% of the company last year, but has now reduced its share by 8%. The hospital chain also welcomed new investors Novo Holdings and CalPERS. Mubadala expressed its support for Manipal's future growth prospects.

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