India: General Atlantic, Bain in talks to buy MedPlus pharmacy chain

India: General Atlantic, Bain in talks to buy MedPlus pharmacy chain

Three PE investors together hold 69% stake in MedPlus while Dr Madhukar Gangadi, founder and chief executive officer, MedPlus, holds the rest.

MedPlus Health Services Pvt. Ltd, the second-largest pharmacy retail chain in India, has restarted talks for a possible sell-off, after a break of almost one year, two people familiar with the development said.

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