KKR eyes at least $1 billion stake in Medicover's India hospital arm
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KKR eyes at least $1 billion stake in Medicover's India hospital arm
MUMBAI: KKR is in advanced talks to buy a majority stake in the Indian business of Sweden's Medicover for at least $1 billion, a source with direct knowledge of the matter said, a deal that would expand its healthcare bet in the world's most populous nation.Stockholm-listed Medicover issued a press release soon after Reuters sent a request for comment on Wednesday night, saying Medicover Hospitals India is in discussions with KKR "regarding a p…
KKR in talks for $1B+ majority stake in Medicover India hospital arm
KKR is in advanced discussions to acquire a majority stake in Swedish healthcare company Medicover’s India hospital business for at least $1 billion, according to a source familiar with the matter. The deal would significantly expand KKR’s presence in India’s growing healthcare sector. Medicover confirmed in a statement that it is in talks with KKR regarding a potential sale of its Indian operations, where it currently holds a 66.9% stake. The c…
KKR is in advanced talks to acquire a majority stake in Sweden's Medicover in India, a deal worth at least $1 billion that would further strengthen the U.S. private equity firm's healthcare portfolio in the world's most populous country.
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