Thu 10/20/2022 09:53 AM
Asia Pacific Healthcare Investments (China Resources Holding) has provided 42.8 million Australian dollars ($27 million) as a shareholder loan to global oncology services provider GenesisCare, sources told Reorg. The funds, which total less than half the AUD 88 million that GenesisCare had asked the Chinese fund to provide, were drawn as of last week, sources added.
China Resources owns 36% of GenesisCare, the largest single stake, but is a passive investor.
Sponsor KKR, which owns 31% of...
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