Temasek invests $250M in joint venture with Columbia Pacific's China operations
October 20, 2016
Singapore | Sovereign Wealth Fund
Singapore-based Temasek has agreed to invest about $250 million in Columbia China, the China healthcare arm of Seattle’s Columbia Pacific Management. Columbia Pacific currently has an orthopedic hospital, two multi-specialty clinics and three senior living facilities operating in Shanghai and Beijing, and the company is developing three hospitals in Wuxi, Jiaxing and Changzhou, as well as a senior living facility in Ningbo. Temasek's financing will support acquisitions and greenfield projects.