Mitsubishi Acquires Minority Stake in Fullerton Health (1)

Mitsubishi Corp. acquired a minority stake in Singapore-based health-care provider Fullerton Health Pte. as the Japanese firm seeks to expand in Southeast Asia.

The investment will help Fullerton to boost growth and its digital services, according to a statement on Tuesday, which confirmed an earlier report from Bloomberg News. Fullerton Health said it plans to expand in existing markets such as Singapore, Indonesia and the Philippines, and also enter new ones in the region.

“This partnership reflects strong alignment between Mitsubishi and our existing shareholders on the long-term value and industry leadership potential of Fullerton Health,” Ho Kuen Loon, ...