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The Economic Times
The Economic Times
National

TPG, Temasek sell 13% stake in Dr Agarwals Health Care for Rs 2,008 crore

Temasek TPG Health Care India NSE

Global private equity investors TPG and Temasek on Wednesday collectively sold nearly a 13 per cent stake in eye care chain Dr Agarwals Health Care for Rs 2,008 crore through open market transactions, triggering a nearly 6 per cent fall in the company's shares.

TPG, through its affiliate Hyperion Investments Pte Ltd, and Singapore's Temasek, through Claymore Investments (Mauritius) Pte Ltd, together offloaded over 4 crore equity shares of the Chennai-based company, representing a 12.64 per cent stake, according to bulk deal data on the NSE.

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