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Private Equity

Indian Private Equity Firm To Acquire Religare Health Insurance

by in.reuters.com posted 1year ago 348 views
<p>A consortium of investors led by Indian private equity fund True North has agreed to acquire Religare Enterprises Ltd&#39;s health insurance business in the country, the groups said in a joint statement on Sunday.</p> <p>The deal, which still needs regulatory approvals, values the Religare Health Insurance at 13 billion rupees ($202.3 million).</p>