Temasek doubles investments, ups diligence as valuations reset
Over the past 15 months, the Singapore state investor committed nearly $4 billion in capital, including its stake in Manipal Healthcare Enterprises. It expects to deploy $9-10 billion within the next three years, the executives said. Key Points
mintTemasek to invest Rs 1,200 cr in M&M's EV business at Rs 80,580-cr valuation, to hold stake up to 3%
Following the investment, Temasek will hold a stake in the range of 1.49-2.97 per cent in EV business. Key Points
Business TodayTemasek to invest in Mahindra EV unit at $9.8 bln valuation
Singapore investment firm Temasek will take up to a 3% stake in Mahindra and Mahindra's (MAHM.NS) electric vehicle unit at a valuation of up to $9.8 billion, the Indian automaker said on Thursday. Key Points
ReutersSingapore’s Temasek to Invest $30 Billion in US Over Five Years
Singapore’s state-owned Temasek Holdings Pte Ltd. plans to invest $30 billion in the US market over the next five years as the firm remains cautious on putting money into China. Key Points
mintIndian eye hospital chain Dr. Agarwal's raises $80 mln from TPG, Temasek
Dr. Agarwal's Health Care said on Thursday it raised $80 million from existing investors Singapore's Temasek and U.S.-based TPG as the Indian eye hospital operator plans to double its hospital count. Key Points
Reuters
Temasek may close deal with Ranjan Pai for Manipal Health within 4 weeks
The transaction will consummate only after a nod from the Competition Commission (CCI), they said. Pai currently holds a 51% in MHE, followed by 20% by PE fund TPG Group, 18% by Temasek, 10% by National Investment & Infrastructure Fund (NIIF) and 1% by employees. Key Points
Economic TimesFTX: Singapore state fund Temasek cuts pay after failed investment
Last year, Temasek Holdings wrote off all of the $275m (£222.8m) it had invested in FTX. Key Points
BBC News