The consortium of private equity group Abraaj, PD Hinduja Hospital and Everstone Group has emerged as the frontrunner to acquire multi-specialty hospital chain CARE Hospitals from its current owners Advent International, as per a report in The Economic Times. The consortium is competing with rival offers from another combination of South African healthcare chain Netcare, Bain Capital, Singapore’s Temasek Holdings and Baring Private Equity Asia to buy the hospital chain.
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