Saturday
April 23
2022

Indonesia’s Lippo Raises Stake in Local Hospital Firm Siloam for $25.27 Million

Indonesian conglomerate Lippo, through Lippo Karawaci, increased its stake in locally listed Siloam International Hospitals to 57.9%, thereby pumping in 362.79 billion rupiah ($25.27 million), per an announcement.Between March 29 to April 18, 2022, Lippo Karawaci acquired 330.4 million shares at Siloam at 1,098 rupiah apiece.
Photo courtesy of sergio santos.

Source: Deal Street Asia (link opens in a new window)

Categories
Health Care, Investing
Tags
emerging markets, funding, global development, healthcare, investing, sustainability