India: MedPlus promoter raises $115m debt to buy out PE investors

India: MedPlus promoter raises $115m debt to buy out PE investors

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The promoter of MedPlus Health Services Pvt. Ltd, the second largest pharmacy retail chain in India, has raised around Rs700-750 crore (approximately $115 million) in debt financing from Goldman Sachs to buy out existing private equity investors, said two people aware of the development.

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