Exit Options for John Hancock Bond and Corporate Finance Group: Hanover Communications In... - 28 Strategic Investors

View x

True North to acquire Religare Health Insurance

  • Region:


  • Sector:


  • Deal Size:

    $202.3 million

  • Buy Side Company:

    True North Equity
  • Sell Side Company:

    Religare Health Insurance
  • Target Company:

A consortium of investors led by the Indian private equity fund, True North, will be acquiring Religare Enterprises Ltd’s health insurance business in the country, according to an article published on PE Hub. The deal, which is still subject to regulatory approvals, values the company at $202.3 million. The move is part of Religare’s strategy to consolidate and focus on its core business of financial services. J.P. Morgan acted as the exclusive financial advisor to Religare Enterprises on the deal.


PE Deals,private equity ,health insurance,Religare Health Insurance,JP Morgan