Shares of Yatharth Hospital & Trauma Care Services jumped more than 5% amid buzz around Advent International and Blackstone-backed Aster DM Quality Care negotiating to acquire a controlling stake in the specialty hospital chain.
Yatharth Hospital shares surged to a fresh 52-week high of Rs 1,024.85 apiece on the NSE. India’s second-largest hospital chain is looking to consolidate amid a buyout spree by large private equity groups, people familiar with the matter told The Economic Times.