IFC, Sabre to invest $40m in Everstone-backed Indian hospital chain
Ravindranath GE Medical Associates (RGE), which operates a chain of eight hospitals across India under the Global Hospitals brand, will receive $15 million from Sabre Partners and $25 million from the International Finance Corporation.
The IFC investment will comprise $15 million in equity, and the remaining $10 million in an eight-year loan. RGE operates a chain of super specialty care and multi-organ transplantation hospitals in...
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