Nishith Desai Associates Advised GIC Singapore, Asia Healthcare Holdings, And Rhea Healthcare On Securing CCI Approval For Controlling Stake Acquisition

Nishith Desai Associates advised GIC Singapore, Asia Healthcare Holdings, and Rhea Healthcare on securing CCI approval for controlling stake acquisition

Nishith Desai Associates (NDA) advised and assisted the Government of Singapore (GIC), Asia Healthcare Holdings Pte. Ltd. (AHH), and Rhea Healthcare Private Limited (Rhea) in obtaining approval from the Competition Commission of India (CCI) for GIC’s acquisition of a controlling stake in AHH.

AHH, a healthcare investment platform in India, is jointly owned by GIC and Texas Pacific Group (TPG). The platform was established for making long-term healthcare investments across India, and includes Rhea Healthcare, a chain specializing in women and childcare services.

The Nishith Desai Associates advised GIC Singapore, Asia Healthcare Holdings, and Rhea Healthcare on securing CCI approval for GIC’s controlling stake acquisition in AHH, strengthening healthcare investments in Indiaapproval marks a significant step toward strategic consolidation in India’s growing healthcare sector, enabling GIC to deepen its presence through AHH’s platform.

The NDA team involved in advising on the transaction included Nishchal Joshipura, Anirudh Arjun, Anurag Shah, and Gurkeerat Singh.

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