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

Synopsis

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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