Mount Kellett Partners to Buy MedPlus Stake

Private equity firm Mount Kellett Capital Management has partnered with two Indian firms to buy a 35% stake in MedPlus Health Services, Reuters reported, citing a story in the Times of India. The deal is valued at 4.1 billion rupees ($91 million). Mount Kellett will invest 3 billion rupees, and is joined in the deal by TVS Capital and Ajay Piramal group's healthcare fund, Reuters said.

14 March 2011•1 min read
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