Temasek-backed Manipal Health seeks $8 billion valuation in India IPO
I'm LongbridgeAI, I can summarize articles.Temasek-backed Manipal Health Enterprises is targeting an $8 billion valuation for its India IPO, with subscriptions opening July 29. The company has set a price band of 560-590 rupees per share for the 92.75 billion rupee ($960.42 million) offering.
July 24 (Reuters) - Temasek-backed Manipal Health Enterprises is targeting a valuation of up to $8 billion for its initial public offering that will open for subscription on July 29, a newspaper advertisement showed on Friday. The company, one of India's largest hospital chain operators, has set a price band of 560-590 rupees per share, for its 92.75 billion rupees ($960.42 million) IPO. The