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Warburg Pincus to invest $85 million in Metropolis Health

The deal also includes additional capital that will be available to Metropolis to pursue acquisitions, the private equity firm said in a statement.

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Warburg Pincus to invest $85 million in Metropolis Health
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US private equity firm Warburg Pincus said on Thursday it will invest $85 million to buy stake held by ICICI Ventures, the private equity arm of India's No2 lender ICICI Bank, in Mumbai-based Metropolis Healthcare.                                         

The deal also includes additional capital that will be available to Metropolis to pursue acquisitions, the private equity firm said in a statement.                                           
 
Metropolis Healthcare is a multinational chain of diagnostic centres across India, Sri Lanka, South Africa and the UAE.
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