CosmicTaco

KKR Eyes Major Stake in India's HCG Chain

CosmicTaco · 2024-12-04T08:51:09.612584+05:30

- KKR is in exclusive talks to acquire a controlling stake in HealthCare Global Enterprises Ltd (HCG) from CVC Capital. - CVC Capital's 60.36% stake is valued at approximately Rs 3,613.97 crore, and a successful bid will trigger a mandatory open offer for the public's 26% stake. - HCG, the largest provider of cancer care in India, operates 22 cancer centres and seven fertility centres, showing significant growth in recent quarters. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/kkr-in-exclusive-talks-to-acquire-cancer-hospital-chain-hcg-from-cvc-capital-12852565.html)

KKR is in exclusive talks to acquire a controlling stake in HealthCare Global Enterprises Ltd (HCG) from CVC Capital.
CVC Capital's 60.36% stake is valued at approximately Rs 3,613.97 crore, and a successful bid will trigger a mandatory open offer for the public's 26% stake.
HCG, the largest provider of cancer care in India, operates 22 cancer centres and seven fertility centres, showing significant growth in recent quarters.

Source: Moneycontrol