PE deal of the month: True North injects fresh life into Religare Health

By Jyotindra Dubey

  • 28 Apr 2017
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Credit: Thinkstock

Deal: Religare Enterprises Ltd, the financial services firm controlled by brothers Malvinder and Shivinder Singh, has agreed to sell unit Religare Health Insurance Company Ltd to a consortium of investors led by private equity firm True North Managers LLP.Religare will sell its entire 80% stake in the insurer for Rs ......

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