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Religare Healthcare Trust eyes $400-mn Singapore IPO
Shares of Industrial Finance Corporation of India (IFCI) plunged on Friday after the government exercised the option to convert Rs 923 crore worth of debentures into equity with immediate effect. Atul Kumar Rai, MD and CEO, IFCI, told NDTV Profit that the
23 Aug 2012, 03:29 PM IST 
Religare Health Trust, which will own assets managed by Indian hospital group Fortis, plans to begin premarketing in Singapore in early September an initial public offering that could raise up to S$500 million, a source with direct knowledge of the deal said.The IPO, which will be structured as a business trust, will offer a minimum yield of 8.5 percent to investors, the source said, with a listing planned by the end of September.CIM...
