Private Equity

Liquidity Events

Baring PE puts health analytics firm Citius Tech on the block for $2.2 B

Economic Times Print Edition  

Less than a year after calling off plans for a SPAC listing in the US, Baring Private Equity Asia is set to sell its controlling stake in healthcare analytics firm Citius Tech. The PE firm is engaged in talks with a clutch of global buyout funds including Blackstone, TPG and KKR to sell the stake in a deal vaulting Citius at up to USD 2.2 billion. JPMorgan is running a formal process to find a buyer.