True North will buy 40% stake in KIMS hospitals held by Ascent Capital and OrbiMed Advisors, and do a primary capital infusion to fund growth in India and Middle East
1 min read30 Mar 2017Deal with True North likely to be closed at an enterprise value of $350 million, below the $400 million that the private equity investors in KIMS had demanded
2 min read27 Jan 2017PE investors Ascent Capital and OrbiMed Advisors will sell their combined 40% stake in KIMS, while the promoters will dilute an additional 25-30%
3 min read13 Oct 2016Axis Capital, ICICI Securities Ltd, Edelweiss, to manage KIMS Hospitals IPO, which will provide an exit to investor ICICI Venture
2 min read12 Sep 2016The Hyderabad-based hospital chain to use proceeds from IPO to fund its operations and growth plans
3 min read4 May 2016The stake sale process will begin in a couple of months and is expected to be complete by the middle of next year
3 min read20 Sep 2015The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared