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Asia

Blackstone's AGS Health files updated draft papers for $500 million India IPO

Markets-Economic Times · 2h ago · 🇮🇳 India

Blackstone's AGS Health files updated draft papers for $500 million India IPO

In a significant move, AGS Health, operating under Blackstone, has filed revised draft documents for its upcoming IPO in India, which is projected at 48 billion rupees. This offering features a new share release, as Blackstone aims to divest shares worth 30 billion rupees. Notably, AGS Health, known for its revenue cycle management services for U.S. hospitals, achieved a profit of 2.07 billion rupees last fiscal year.

Read the full story at Markets-Economic Times →

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