TPG in talks to sell its stake in Manipal Health Enterprises

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Credit: 123RF.com

Private equity firm TPG has approached investors to sell its stake in Bengaluru-based Manipal Health Enterprises Ltd, after a proposed promoter buyback of TPG’s stake in the hospital chain stalled, three people with knowledge of the development said. Manipal founder Ranjan Pai was in talks to raise debt to buy out ......

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