KKR to acquire the majority stake in Healthcare Global Enterprises from CVC for $400m.

KKR, a global investment firm, to acquire the majority stake in Healthcare Global Enterprises, a healthcare organization in India, from CVC, a private equity and investment advisory firm, for $400m. “HCG is a pioneer in cancer care in India and has established itself as an important healthcare provider in the country for the past three decades. As healthcare continues to be a thematic focus for KKR in India, our investment in HCG will support the development of medical infrastructure and the delivery of critical oncology services and care to more patients in the country. We look forward to leveraging KKR’s global healthcare expertise to strengthen HCG’s offerings and working with Dr. BS Jaikumar to further enhance HCG’s clinical excellence,” Akshay Tanna, KKR Partner and Head of India Private Equity.