PE firm CVC Capital raises USD 6 8 bn devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
The Luxembourg-based company has over USD 1 billion investments in four domestic companies the Indian Premier League franchise Gujarat Titans, Healthcare Global, Sajjan India and United Lex, according to a statement. It plans to invest some of the new money being raised into more domestic companies. Get more Companies News and Business News on Zee Business.
Dr BS Ajaikumar, Executive Chairman of Healthcare Global, is focused on achieving margin and expects growth. HCG plans to do more M&As and is looking for a long-term partner. There is potential for significant growth in oncology, driven by increased private insurance and expansion into tier II and III cities.