Mumbai, Nov. 7 -- Global private equity giant KKR has earmarked $150-200 million to acquire assets to scale up medical devices maker Healthium MedTech, according to three people familiar with the matter, as it continues to scout for healthcare bets in India.
The firm has been proactively scouting for scalable and profitable assets it can merge under Healthium-acquired last year for about Rs.7,000 crore-as a bolt-on strategy and has allocated capital and resources for this, the people cited above said, speaking on the condition of anonymity.
The company also has the firepower to invest significantly more if opportunities arise, one of the people cited above said, adding that the private equity firm is keen on expanding its product portfo...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.