Advent to Invest $328.5 Million in India’s Yatharth Hospital for 24.9% Stake

Advent to invest $328.5 million in India's Yatharth Hospital for 24.9% stake

U.S.-based private equity firm Advent International said on Thursday ​it will invest 31.5 billion ‌rupees ($328.53 million) in Yatharth Hospital for a 24.9% stake, sending shares of the Indian hospital operator to ​a record high.

Advent to invest ₹3,150 crore in Yatharth Hospitals to pick up 24.9% stake

Following the investment, the promoter, the Tyagi Family, will remain the Company’s largest shareholder and continue to run the company alongside a leadership team of healthcare and business professionals

Advent to invest ₹3,150 cr in Yatharth Hospitals for a 24.9% stake

Yatharth Hospitals will leverage Advent’s global healthcare expertise and experience in investing in founder-led businesses

Advent International to invest $328.5 million in India's Yatharth Hospitals for 24.9% stake

Advent International plans to invest $328.5 million for a 24.9% stake in India's Yatharth Hospitals.

Yatharth Hospital shares rise 7% as Advent to invest Rs 3,150 crore for 24.9% stake

The promoter, the Tyagi family, will remain the company's largest shareholder and continue to guide its long-term vision, the company said.

Yatharth Hospital Stock Scales 52-Week High on Advent Deal

Yatharth Hospital shares touched a fresh 52-week high today after Advent International agreed to invest Rs 3,150 crore. Here’s the story behind the move. Yatharth Hospital’s board has approved issuing shares and warrants worth up to Rs 3,150 crore to Rasmalai Limited, a Cyprus based investment vehicle linked to Advent...