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Sutures buys smaller peer for $70 mn; TPG ups stake in merged firm

By Joseph Rai

  • 22 Jun 2017
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Sutures buys smaller peer for $70 mn; TPG ups stake in merged firm

Surgical equipment maker Sutures has acquired a Delhi-based peer in a large transaction even as its private equity backer is looking at either taking it public or bringing a strategic buyer, two persons familiar with the matter told VCCircle.Sutures acquired Quality Needles Pvt. Ltd for Rs 450 crore ($70 million) ......

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