Essayer OR - Gratuit
KKR to acquire control of HCG for $400 mn
Mint Chennai
|February 24, 2025
KR said it has agreed to acquire a controlling stake in cancer treatment chain HealthCare Global Enterprises Ltd (HCG) from fellow private equity firm CVC for ₹445 per share, amounting to around $400 million.
KKR replaces CVC as the largest shareholder in HCG and assumes sole control of its operations, the company said. Dr BS Ajaikumar, founder and chairperson of the chain, will take on the role of non-executive chairman and focus on driving clinical, academic and research.
KKR will first acquire 51% stake and launch an open offer for 26%, according to Securities and Exchange Board (Sebi) regulations. If it does not secure a minimum of 3% through the open offer, it will acquire this stake from CVC, a person familiar with the deal said.
Cette histoire est tirée de l'édition February 24, 2025 de Mint Chennai.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Chennai
Mint Chennai
15 years on, why this NRI couple made Dubai a permanent home
Tax-free income gives the Singhs greater control over finances to build wealth faster and enjoy a better lifestyle
5 mins
November 11, 2025
Mint Chennai
Two-wheeler cos in final push to defer new safety norms
Two-wheeler majors and industry lobby Siam set to meet Union minister Gadkari today
3 mins
November 11, 2025
Mint Chennai
US Senate advances plan to end longest shutdown
A group of moderate Democrats broke ranks with party leaders and voted to support a deal
4 mins
November 11, 2025
Mint Chennai
States need a 'clean' slate to get their abundance of laws in order
This framework to review old laws is a must to maintain a statute book aligned with latest needs
3 mins
November 11, 2025
Mint Chennai
Box-office duds, OTT rut fail to deter investors
single blockbuster. It's a strategic play on the broader 'digital India' consumption story,\" said Varun Singh, founding partner - Foresight Law Offices.
1 mins
November 11, 2025
Mint Chennai
Norway wealth fund critical of Novo board shakeup
Norway's sovereign wealth fund is among investors renouncing a revamp of the board of directors at Danish obesity-drug maker Novo Nordisk A/S.
1 min
November 11, 2025
Mint Chennai
RBI current account proposal divides private, state-run banks
swered.
2 mins
November 11, 2025
Mint Chennai
Indian rice exports helped cool global prices, says WTO
collectively helped cool food markets,\" the WTO said.
1 mins
November 11, 2025
Mint Chennai
Pine Labs IPO 54% subscribed on Day 2
The initial public offering (IPO) of Pine Labs received 54% subscription on the second day of the initial share sale on Monday.
1 min
November 11, 2025
Mint Chennai
Retail inflation may hit record low of 0.3% in Oct: Mint poll
India's retail inflation likely hit a record low of 0.3% in October, driven by continued food deflation, the statistical effect of a favourable base, and the impact of goods and services tax (GST) cuts, according to a Mint poll of 16 economists.
1 mins
November 11, 2025
Listen
Translate
Change font size