Warburg, KKR, TPG among PE giants vying for 25% stake in Cloudnine

Global private equity giants, including Warburg Pincus and KKR, are vying for a 25% stake in India's largest maternity and pediatric hospital chain, Cloudnine. The deal is expected to value the company at approximately $1 billion, with existing investor True North exiting completely. Cloudnine reported revenues of ₹2,000 cr and EBITDA of ₹300 cr in FY26.

from Health News | Latest Healthcare Sector & Healthcare Industry news, Information and Updates: ET HealthWorld : ETHealthworld.com https://ift.tt/Uvdpg4B

KGMU to file FIR against 4 employees over Rs 2.5 crore medicine procurement irregularities

A five-member inquiry committee found irregularities in the urology department and recommended action against one regular pharmacist and three contractual employees.

from Health News | Latest Healthcare Sector & Healthcare Industry news, Information and Updates: ET HealthWorld : ETHealthworld.com https://ift.tt/n5zAvtL

LNJP first 2,000 bedded govt hospital to receive NAQS certification

The certification recognises Delhi govt-run tertiary care hospital’s performance across critical healthcare quality indicators, including patient safety, infection control, clinical services and hospital administration.

from Health News | Latest Healthcare Sector & Healthcare Industry news, Information and Updates: ET HealthWorld : ETHealthworld.com https://ift.tt/7nz3OYU