Deal Corner July 20, 2017
KKR TO INVEST $200M IN HOSPITAL OPERATOR RADIANT LIFE CARE
KKR, a US-based global private equity firm, has acquired a 49% stake in hospital chain Radiant Life Care Pvt. Ltd (“Radiant”) for $200 million. Radiant is a hospital management company engaged in developing, redeveloping, managing and operating health care facilities in India and its facilities include the BLK Super Speciality Hospital in New Delhi and the Nanavati Super Speciality Hospital in Mumbai.
Press coverage relating to this transaction, is available here.
We, at Nishith Desai Associates, acted as the legal, tax and regulatory counsel to Radiant and advised it on legal and strategic aspects for the aforementioned transaction including negotiations and deal documentation.