Grapevine: Blackstone in race for hospital chain; Ranjan Pai eyes e-commerce bet

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Private equity major Blackstone, which is stitching a rare healthcare services deal in India, is in the fray to snap up another hospital chain, a media report said.  Blackstone is seeking to acquire up to 75% of Kerala’s KIMS Healthcare Management, valuing it at Rs 4,000 crore, The Economic Times said, citing people close to the development.  Initially, Blackstone is aiming to buy a 55% stake held by existing ......