Blackstone To Acquire Care Hospitals And Kimshealth In Deal Valued At $1B
Portfolio Pulse from Charles Gross
Blackstone Group Inc. is set to acquire Care Hospitals and Kimshealth in a deal valued at $1 billion, marking its entry into India's healthcare sector.
October 30, 2023 | 8:46 am
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Blackstone Group Inc. is acquiring Care Hospitals and Kimshealth in a $1 billion deal, expanding its portfolio into India's healthcare sector.
The acquisition of Care Hospitals and Kimshealth by Blackstone Group Inc. is a significant move, marking its entry into India's healthcare sector. This could potentially open up new revenue streams for the company, thus possibly having a positive impact on its stock price in the short term.
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