PE firm True North sells Aster DM Healthcare stake worth $65 million

Date posted: Thursday 27 June 2019

Homegrown private equity firm True North has sold a part of its stake in India and Gulf based hospital chain Aster DM Healthcare Ltd for Rs448.5 crore (approx $65 million). The shares were bought by various investors including Fidelity, HDFC Mutual Fund, Ontario Pension Fund, Tata AIA Life Insurance Co Ltd and Steinberg India Opportunities Fund.

(Live Mint)