Fortis Healthcare is increasing its stake in pathology chain SRL Ltd by purchasing shares from private equity firm Sabre Capital and its related entities for Rs 105.2 crore ($16 million)..Vaish Associates acted for Fortis with a team led by Vikas Keyal, who heads the firm’s corporate practice in Bangalore along with Associate Sruthi Srinivasan..Trilegal acted for Sabre Capital with a team led by Mumbai Partner Kunal Chandra..The deal, which values SRL at Rs 3,395 crore ($513 million), will push up Fortis’ stake in the pathology chain to 57 per cent from 53.9 per cent, according to VCCircle.
