AAA November 2017 – Page 3

Ping An treats Fullerton Healthcare to $121m

Singapore-based corporate healthcare services provider Fullerton Healthcare yesterday received RMB800m ($121m) in a round led by insurance provider Ping An Insurance. Ping An invested through its corporate venturing unit Ping An Capital’s Global Voyager Fund, according to China Money Network. The fund was launched in May 2017 with a $1bn commitment to invest in healthcare… Continue reading Ping An treats Fullerton Healthcare to $121m

SoftBank shoots for Uber discount

US-based ride-sharing platform Uber will welcome telecoms group SoftBank as an investor if existing backers accept an offer to sell a total of at least 14% in a secondary transaction, Bloomberg reported today. The transactions, which would involve more than $6bn handed to existing stakeholders, would however value Uber at $48bn – an approximate 30%… Continue reading SoftBank shoots for Uber discount