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Marietta-based ProgenaCare Global announced it was named 2023 Global Exporter of the Year, an honor for three 2023 GLOBE Award recipients, by the Georgia Department of Economic Development.
The healthcare player had made important strides in expanding its regional network with acquisitions in Indore and Nagpur
The private equity firm is looking to identify buyers for its 60.4% in the Mumbai-listed company, said the people, who asked not to be identified as the information is private. CVC’s stake is worth about $345 million, according to data compiled by Bloomberg.
Stocks to watch: Shares of firms like Delta Corp, Infosys, Cipla, Vedanta, PNB, Sai Silks, and others will be in focus on Wednesday's trade.
Private equity firm CVC Capital Partners is reportedly considering selling its 60.4% stake in Indian cancer hospital chain HealthCare Global Enterprises Ltd. The stake is valued at around $358 million. CVC may seek a premium of at least 20% for the shares, potentially even up to 50%, depending on market conditions. The rising demand for private medical services in Asia has increased deal activity in the healthcare sector. HealthCare Global owns 24 cancer centers across India and serves over 200,000 patients annually.