KKR to exit GenesisCare as China Resources, Macquarie buy control
KKR will sell its 45% stake in Australia-based healthcare provider GenesisCare as China Resources Group and Macquarie Capital agreed to buy a majority interest in the business.
GenesisCare announced that the consortium would acquire between 50.01% and 74% of the company, which is currently controlled by doctors and management. They will retain a minority interest under China...
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