Advent to Buy 24.9 Percent Stake in Yatharth Hospital
Advent International will invest 328.5 million dollars in India based Yatharth Hospital for a 24.9 percent stake. The major private equity deal sent shares of the hospital operator to a record high.
Xurve View
Insights:
Xurve View
Advent International will invest $328.5M in India's YATHARTH HOSPITAL & TRAUMA C for a 24.9% stake, lifting the hospital operator's shares to a record high on Thursday morning. The private equity infusion accelerates a wave of health-care acquisitions across the region. The deal marks the latest major bet by a United States private equity firm on Indian medical assets following a series of multi-billion-dollar takeovers.
