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Fullerton Healthcare acquires 60% stake in Intellicare Group

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Fullerton Healthcare acquires 60% stake in Intellicare Group

PC Lee Published on Mon, Dec 11, 2017 / 7:23 AM GMT+8

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SINGAPORE (Dec 11): Fullerton Healthcare Corporation, which shelved its Singapore IPO last year, has entered into agreements to acquire a 60% stake in the Intellicare Group, one of the leading managed care providers in the Philippines.

See: Held back by the poison pen, will Fullerton Health give IPO plans another shot?

The joint press release did not disclose how much Fullerton Healthcare will pay for the stake.