Blackstone closes debut India hospital deal but did True North make any money in exit?

By Debjyoti Roy

  • 30 Oct 2023
Premium
Credit: Reuters

Private equity firm Blackstone has struck its debut healthcare services deal in India to acquire two hospital chains in a transaction that also helps Indian PE firm True North monetize its investment.  Blackstone said Monday it has acquired roughly 75% in Care Hospitals from US-based peer TPG for around $700 million. ......

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