TPG - Blackstone Forays Into Indian Healthcare Sector Through Stake In Care Hospitals: Report | Benzinga
Blackstone Inc's (NYSE: BX) reportedly inked a deal to buy a majority stake in Care Hospitals in India from TPG Inc's (NASDAQ: TPG) fund to foray into the healthcare services sector of the country.
Blackstone plans to commit a $1 billion investment in the hospital chain in India and holds over 75% of Care Hospitals, said Reuters.
"Life sciences is a key investment theme for Blackstone and we plan to bring in our global scale and operating expertise," ...