The Sheares Healthcare Group is wholly-owned by Temasek, which had a net portfolio value of around $284 billion at the end of the last financial year. It invests in, designs, builds and operates a network of healthcare facilities, including hospitals, clinics, specialist medical centres and senior living facilities
In December 2021, Temasek s healthcare platform Sheares had acquired a majority position in Medica Synergie by purchasing the stake held by private equity firm Quadria Capital
Following the closing of the transaction, Manipal Group will hold about 30 percent of Manipal Hospitals. Sheares Healthcare Group will retain its existing 18 percent stake.