Hillhouse Investment Management is nearing a deal to acquire a 5% stake in Quest Global

GK and monthly revision
Hillhouse set to buy 5% in Quest Global
Asia-focused investment firm Hillhouse is set to acquire a 5% stake in engineering services firm Quest Global, which is valued at around $4.5 billion. This investment is part of Quest Global's pre-IPO fundraising, and Singapore's Temasek may also secure a smaller stake. Quest Global is also considering a reverse listing on Indian stock exchanges.
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Key points
Exam-ready takeaways
Quest Global is valued at approximately $4.5 billion
This investment is part of Quest Global's pre-IPO fundraising
Singapore's Temasek may also secure a smaller stake in Quest Global
Quest Global is considering a reverse flip to list on Indian stock exchanges
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