TPG buys $146m stake in India’s Manipal Hospitals
TPG Capital has paid INR9 billion ($146 million) for a significant minority stake in healthcare services provider Manipal Health Enterprises (MHE).
The terms of the transaction were not officially disclosed but the GP is understood to have picked a 25% stake, valuing the business at around INR36 billion. Originally set up in 1942, MHE - which operates...
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