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The Economic Times

KKR eyes at least $1 billion stake in Medicover's India hospital arm, source says

KKR India Kotak Rothschild

KKR is in advanced talks to buy a majority stake in the Indian business of Sweden's Medicover for at least $1 billion, a source with direct knowledge of the matter said, a deal that would expand its healthcare ‌bet in the ⁠world's ⁠most populous nation.

Stockholm-listed Medicover issued a press release soon after Reuters sent a request for comment on Wednesday night, saying Medicover Hospitals India is in discussions with KKR "regarding a potential sale of its Indian operations."

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