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New Deal


Announced

CVC to acquire a minority stake in HealthCare Global Enterprises for $138m.

Financials

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Transaction Value£109m
Consideration TypeCash
Capital Owned-
Capital Bid For36%
EV/Sales-
EV/EBITDA-
Share Price Premium33%
One Off Charge-

Sources

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Tags

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Public

Acquisition

Minority

India

Private Equity

cancer treatment

Pending

oncology

Single Bidder

Health Care Services

Friendly

Cross Border

Synopsis

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CVC Capital Partners offered to acquire a minority stake in HealthCare Global Enterprises, the largest provider of cancer care in India, for $138m. As part of the transaction, HCG will issue 29m equity shares and 22m convertible warrants to CVC. The deal comes a month after the private equity firm raised its fifth Asia fund.

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