Tendersinfo keep you informed about the latest events in the national and international Procurement Industry. Procurement News provides in-depth coverage of the procurement industry, including contract awards, contract additions, new contract wins, mergers and acquisitions. Tendersinfo through its tender news section provides an update on all domestic and global tendering opportunities, invitation to bid & trade leads.
India,Singapore : Singapore based firms bag $535m of deals in India
Publish Date : 13-Jun-2012
Singapore based firms secured acquisitions worth US$417 million (S$535 million) in India in seven deals, bucking a wider trend of slower merger and acquisition activity in the past year.
A report by Kroll Advisory Solutions found that Singapore-based bidders invested mainly in the medical and consumer good sectors from May last year to April this year.
For instance, the Government of Singapore Investment Corp invested US$100 million in a minority stake in India\'s eye and dental care provider Vasan Health Care.
There were also two deals in the consumer foods sector.
