Healthcare Global at 52-week high on buzz over PE funds
Mon, Feb 19, 2024 11:56 AM

Healthcare Global at 52-week high on buzz over PE funds

A Flip by Shubhangi Gupta
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Shares of Healthcare Global rose 4% to a 52-week high on Feb 19 as private equity firms EQT, TPG Capital & KKR competed to acquire a controlling stake in the cancer hospital chain. The three firms are looking to buy out CVC Capital's 60% stake. CVC acquired a 59% stake in 2020 at Rs 1,100 crore and is now looking to exit. Q3 saw a revenue increase of 11%.

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