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General Atlantic buys hospital chain Ujala Cygnus

General Atlantic acquires Ujala Cygnus for Rs1600 crore, with existing investors exiting fully. Ujala Cygnus to enhance infrastructure and care quality. Probal Ghosal and Shantanu Rastogi commend the company s achievements. ....

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General Atlantic to acquire a majority stake in Amar Ujala's healthcare chain

The deal is currently in documentation stage, and is expected to be finalised within the next few weeks. EY s investment banking arm is advising on the stake sale. ....

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Morning Scan: All the big stories to get you started for the day

A round-up of top newspaper stories to keep you ahead of others. ....

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Grapevine: General Atlantic set to buy Ujala Cygnus; Endiya Partners plans third fund

Private equity firm General Atlantic is set to acquire an about 70% stake in Ujala Cygnus Healthcare Services, a multi-specialty hospital chain based in Delhi .. ....

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healthcare segment: General Atlantic set to acquire Amar Ujala's hospital chain Cygnus Healthcare

GA will acquire about 51% stake held by existing investors - Eight Roads Ventures India, Evolvence India Fund and Somerset Indus Healthcare Fund. Besides the secondary transaction, GA will also acquire a small minority stake from the promoters along with a primary stake, sources said. ....

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