CVC may sell controlling stake in Indian hospital chain HealthCare Global

Private equity firm CVC Capital Partners is reportedly considering selling its 60.4% stake in Indian cancer hospital chain HealthCare Global Enterprises Ltd. The stake is valued at around $358 million. CVC may seek a premium of at least 20% for the shares, potentially even up to 50%, depending on market conditions. The rising demand for private medical services in Asia has increased deal activity in the healthcare sector. HealthCare Global owns 24 cancer centers across India and serves over 200,000 patients annually.

from Healthcare/Biotech-Industry-Economic Times https://ift.tt/siRzKcA
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