India: HGS divests Healthcare Services business to Barings PE Asia

Hinduja Global Solutions (HGS), the Hinduja Group’s business process management entity, is divesting its Healthcare Services business to Baring Private Equity Asia (BPEA), one of the largest private equity firms in Asia, for an enterprise value of US$1.2bn. HGS’ Healthcare Services business supports payer, providers, laboratories, durable medical equipment firms and pharmaceutical companies. The services cover…