Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ), Singapore’s sovereign fund Temasek Holdings Pvt. Ltd and American PE fund Warburg Pincus LLC are in talks to buy a minority stake in Asia Healthcare Holdings, a healthcare platform set up by US-based private equity fund TPG Growth, for $80-100 million, two people aware of the development said.
According to one of the two persons cited above, who spoke on the condition of anonymity, TPG is likely to sell 30-35% stake in Asia Healthcare. The deal, he added, is expected to value Asia Healthcare at $285-300 million (Rs1,800-2,000 crore).
