TPG, Warburg Pincus consider $100m investment in Vasan
TPG and Warburg Pincus are in talks with India’s Vasan Healthcare over a potential $100 million investment that would be structured as a combination of primary and secondary transactions, the Business Standard reported. A spokesperson for Vasan Group said only that the company was in discussions with various private equity funds.
The primary investment would be used as expansion capital, with Chennai-based Vasan keen to add 45 eye care hospitals to its current 80-strong network by March 2012. It is also looking to set up treatment...
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