<article>Baring PE Asia is set to acquire AGS Health, while Punjab National Bank is looking to divest its stake in CRIF High Mark.</article>

Baring PE Asia is set to acquire AGS Health, while Punjab National Bank is looking to divest its stake in CRIF High Mark.
<h3>Baring PE Asia close to buying AGS Health for $320m</h3>
<a href="http://dealstreetasia.com/tag/baring" target="_blank" rel="noopener">Baring Private Equity Partners Asia</a> is close to acquiring medical revenue cycle management (RCM) company AGS Health for around $320 million, said a source-based report in Times of India.
According to the news report, Baring Asia pipped a rival offer from home-grown private equity firm Everstone Capital to emerge as the top bidder.
Baring Asia already owns Indian technology firm Hexaware Technologies and is also said to be close to acquiring Delhi-based NIIT Technologies at a valuation of around $1.2 billion.
The Chennai and Newark-based AGS provides a host of services, including medical billing, claim submission, denial management and medical coding.
<h3>PNB looks to exit CRIF High Mark</h3>
State-owned <a href="http://dealstreetasia.com/tag/pnb" target="_blank" rel="noopener">Punjab National Bank</a> is selling its stake in credit information company CRIF High Mark as it divests from its non-core investments, according to <a href="https://epaper.timesgroup.com/Olive/ODN/TheEconomicTimes/#" target="_blank" rel="noopener">a report</a> in The Economic Times
PNB has put up its 3.98 per cent of CRIF High Mark Credit Information Services for sale, while another investor Alpha Micro Finance Consultants, is selling its 1.99 per cent, offering a total of 6 per cent stake.
Other investors of CRIF High Mark include CRIF S.p.A, SBI , SIDBI, Edelweiss, and Shriram City Union Finance.
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Baring PE Asia is set to acquire AGS Health, while Punjab National Bank is looking to divest its stake in CRIF High Mark.

India Digest: Baring PE Asia nears AGS Health deal; PNB to exit CRIF High Mark

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India Digest: Baring PE Asia nears AGS Health deal; PNB to exit CRIF High Mark

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