ASG Eye Hospitals to merge with Sharp Sight in Rs 450 crore deal; PE-backed chain targets IPO
ASG Eye Hospitals, backed by private equity firms General Atlantic and Kedaara Capital, has signed a Rs 450 crore non-binding merger deal with Sharp Sight Eye Hospitals, said people familiar with the matter.
The deal, which would be executed through a cash and stock payout, pegged the value of unlisted ASG, founded by former AIIMS doctor duo Arun Sinhgvi and Shilpi Gang, at Rs 7,000 crore, the people said.
The deal, which would be executed through a cash and stock payout, pegged the value of unlisted ASG, founded by former AIIMS doctor duo Arun Sinhgvi and Shilpi Gang, at Rs 7,000 crore, the people said.
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