India: HGS to divest its healthcare services biz to Baring PE Asia

India: HGS to divest its healthcare services biz to Baring PE Asia

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The Hinduja Group’s business process management entity, Hinduja Global Solutions Ltd (HGS) said on Tuesday that it has entered into a definitive agreement to divest its healthcare services business to funds affiliated with Baring Private Equity Asia (BPEA), one of the largest private alternative investment firms in Asia.