OTPP to acquire majority stake in India's Sahyadri Hospitals
Ontario Teachers' Pension Plan (OTPP) has agreed its first control private equity buyout in India, taking a majority stake in Sahyadri Hospitals and setting up a partial exit for Everstone Group.
Everstone, along with some management and founders will retain minority stakes. OTPP said it would work with all parties, including three founding doctors, on growing the company. The transaction is expected...
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