India: Bain Capital joins KKR, TPG in race for Fortis Healthcare stake

India: Bain Capital joins KKR, TPG in race for Fortis Healthcare stake

Visual from Fortis website

Global private equity (PE) fund Bain Capital has started talks to buy a significant minority stake in Fortis Healthcare Ltd (FHL), three people aware of the development said, making it a four-horse race for equity in the hospital chain owned by brothers Malvinder Mohan Singh and Shivinder Mohan Singh.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter