Private equity giant KKR has agreed to acquire a 49% stake in Indian hospital management company Radiant Life Care Pvt. Ltd for $200 million (Rs 1,288 crore)..AZB & Partners advised KKR with a team led by Partners Ashwath Rau and Harsh Maggon along with Senior Associate Atreya Bhattacharya. Partner Rahul Rai advised on Competition law aspect..Nishith Desai Associates Partner Nishchal Joshipura along with Dipanshu Singhal and Vinay Shukla represented Radiant and its promoter Abhay Soi..Recently, Malaysian private equity firm Creador has acquired a minority stake in Paras Healthcare for Rs 275 crore ($42 million). Cyril Amarchand Mangaldas acted for Creador while Khaitan & Co advised Paras Health.
Private equity giant KKR has agreed to acquire a 49% stake in Indian hospital management company Radiant Life Care Pvt. Ltd for $200 million (Rs 1,288 crore)..AZB & Partners advised KKR with a team led by Partners Ashwath Rau and Harsh Maggon along with Senior Associate Atreya Bhattacharya. Partner Rahul Rai advised on Competition law aspect..Nishith Desai Associates Partner Nishchal Joshipura along with Dipanshu Singhal and Vinay Shukla represented Radiant and its promoter Abhay Soi..Recently, Malaysian private equity firm Creador has acquired a minority stake in Paras Healthcare for Rs 275 crore ($42 million). Cyril Amarchand Mangaldas acted for Creador while Khaitan & Co advised Paras Health.
