Blackstone, Temasek in fray for CARE Hospitals stake

PE investors, including Blackstone, CVC Capital and Temasek, apart from Max Healthcare, are in the race to acquire CARE Hospitals from Evercare, an unit of PE firm TPG Growth. The deal involving 2,400 beds and 15 hospitals in India and two in Bangladesh, will value CARE Hospitals at around Rs 7,500 crore.