Economy
Advent International to Invest ₹3,150 Crore in Yatharth Hospitals for 24.9% Stake

Advent International to Invest ₹3,150 Crore in Yatharth Hospitals for 24.9% Stake

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THE BRIEF
1

Yatharth Hospital share prices jumped 10% on Friday after the company announced that global private equity investor Advent International will invest ₹3,150 crore for a 24.9% stake.

2

The transaction represents one of the largest primary capital infusions by a private equity firm in India's hospital sector, subject to customary closing conditions.

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The promoter Tyagi family will remain the largest shareholder and guide long-term strategy, while the partnership aims to expand the nine-hospital network's reach.