Standard Chartered PE raises stake in Fortis Healthcare
Standard Chartered Private Equity (SCPE) has invested a further INR370.3 million ($5.7 million) to buy preferential shares in India’s Fortis Healthcare. It brings SCPE’s total investment into the company to approximately INR2.5 billion.
According to a regulatory filing, Fortis allotted 3.7 million shares to Standard Chartered Private Equity (Mauritius) III at an issue price of INR99.09 per share. Share of Fortis closed at INR95.70 on...
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