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CCCS to decide if proposed $606 mil acquisition of TalkMed by Tamarind Health will be anti-competitive

Douglas Toh
Douglas Toh • 2 min read
CCCS to decide if proposed $606 mil acquisition of TalkMed by Tamarind Health will be anti-competitive
The company first flagged the possibility of an offer on Apr 6, 2024.
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The Competition and Consumer Commission of Singapore (CCCS) is inviting public feedback on the proposed acquisition of SGX-listed TalkMed Group by Tamarind Health.

CCCS on Jan 13 accepted a joint application from the parties for a decision on whether the proposed transaction would be anti-competitive.

Medical group Tamarind Health had announced on Dec 23, 2024 an offer to purchase shares in TalkMed Group at 45.6 cents per share, valuing the latter at over $606 million.

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