TPG and Permira Lead Race for Cloudnine’s ₹11,000 Crore Stake Sale, ETHealthworld
Mumbai: Global private equity firms TPG Capital and Permira have emerged as frontrunners for a significant minority stake in Cloudnine, India’s largest maternity and pediatric hospital chain, said people familiar with the matter. The proposed deal is expected to value Cloudnine at around ₹11,000 crore ($1.15 billion), the people said. ET reported in June that … Read more