GIC of Singapore increased Asia Healthcare Holdings $170 million

The cooperation between GIC and TPG will enable AHH to expand its network of healthcare companies.

The single specialised healthcare delivery platform sponsored by TPG Growth, Asia Healthcare Holdings ("AHH"), has inked definitive documents for a $170 million investment from S...

Evercare Seeking to Exit Care Hospitals

In 2016, a private equity firm, Abraaj, purchased 72 percent stakes in Care Hospitals for 2,000 crore rupees from Advent Capital. Later, the Dubai-based fund collapsed due to allegations of mismanagement by its limited partners. The reins were then handed over to TPG-backed Evercare Group in 2019...

TPG TELECOM TO DEPLOY MATRIXX SOFTWARE TO ENABLE MULTIPLE BRANDS IN AUSTRALIA

Highlights:

• The TPG Telecom has is going to deploy MATRIXX Software for enabling the multiple brands on a single, converged and a charging platform in Australia
• The TPG Telecom has been operating a number of a leading mobile and internet brands includ...

NOKIA, OPTUS AND TPG TO SHAPE EMERGENCY MOBILE BROADBAND NETWORK IN AUSTRALIA

Highlights:

• Nokia, TPG, Optus are going to shape the national emergency mobile broadband network in Australia
• The government of NSW has struck a contract with the three companies for the proof-of-concept

The long-promised national mo...

AFTER TELECOM AND ONLINE RETAIL, RIL PLANS TO TAKE OVER NETMEDS

Highlights

• Reliance Industries Limited (RIL) is likely to acquire Netmeds for around $120 million 

• Chennai-based Netmeds was founded in the year 2015 by Pradeep Dadha

• Until now, Netmeds has announced three rounds of funding worth $100 millio...

TPG CAPITAL TO INVEST RS 4,546.80 CRORE IN RELIANCE JIO

Highlights

• TPG Capital will be investing Rs 4,546.80 crore for the stake of 0.93 percent on the lines of Salt Lake Partners and General Atlantic

• L Catterton announced investment of Rs 1,894.50 crore for the stake of 0.39 percent

• Reliance Jio Plat...

DALLAS BASED LUXURY STORE, NEIMAN MARCUS FILES FOR BANKRUPTCY

Highlights:

• The Dallas-based store files for bankruptcy
• Hopes to emerge debt-free by fall

The latest to file for bankruptcy is the Dallas based luxury departmental store, Neiman Marcus. Neiman Marcs is a 113-year-old luxury retailer. Troubles for the...

With the latest technology, Australia’s National Broadband Network now reaches 10 million homes

An announcement was made today by the government-owned NBNCo this week that Australia’s National Broadband Network had surpassed 10 million homes, with those properties now enabled to connect to the national network. Only within a year until the network build is scheduled to be completed, there are ...