HEALTH & BEAUTY
BLACKSTONE, TPG, TEMASEK PLANS TO ACQUIRE KIM’S HOSPITAL CHAIN (IND)
ASCENT CAPITAL & ORBIMED ADVISORS will sell their combined 40% stake, while promoters will dilute an additional 15-20% for a deal worth USD 300 M. ROTHSCHILD is advising the exiting PE investors in KIMS. The investors have shortlisted 8-10 PE funds, and discussions are expected to begin in a month’s time.
2 March 2016 / Reuters