Private Equity PE Fund Investments
CVC buys addl HealthCare Global shares from co's founder for Rs.114-Cr
CVC Capital Partners has bought a 2.57% stake in publicly-listed, Bengaluru-based HealthCare Global Enterprises Ltd from B S AjaiKumar (founder) through a bulk deal on the NSE. The purchase aggregates to INR 114.40 crore. Post the purchase, CVC holds a 60.48% stake in the company.
From the Venture Intelligence PE-VC Deal Database: In June 2020, CVC Capital Partners invested INR 963.63 crore for a 53.35% stake in HCG through a combination of primary infusion and open offer to the existing shareholders.