13.10.2016 - India Value Fund competes with TPG-Temasek to take control of KIMS Hospital
Home grown private equity investor India Value Fund and its limited partners — Canada Pension Plan Investment Board (CPPIB) and Abu Dhabi Investment Authority (ADIA) — are fighting against a consortium of heavyweights TPG Capital Management and Singapore sovereign fund Temasek Holdings to buy controlling stake in Kerala Institute of Medical Sciences (KIMS) in the final lap of the the race for Thiruvananthapuram-based hospital chain. The proposed transaction will value KIMS Healthcare Management (KIMS) at Rs 1,300 crore, according to people familiar with the matter and would mark the second private equity transaction in the healthcare sector in South India in a span of three months........................................Full Article: Source
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