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Hospital investors line up over $2 bn in exits as covid-19 recedes

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MUMBAI : Several private equity firms are preparing to exit hospital investments to capitalize on abatement of the pandemic and a rebound in businesses of their portfolios, said several people aware of the matter.

Investors, such as True North, Creador and Everstone Capital, have either begun the process of exiting hospital investments or have initiated talks with buyers to sell their stakes in these assets.

If the deals fructify, several hospitals could see a change in their shareholding structure over the course of the year. For instance, True North Partners is considering an exit from Kerala-based KIMS Healthcare Management Ltd, where it had first invested in 2017.

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