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.
PE firm True North sells Aster DM Healthcare stake worth $65 million
Date posted: Thursday 27 June 2019