InvestorQ : What is this deal between Hinduja Global and Barings PE?
NISHA Nayak made post

What is this deal between Hinduja Global and Barings PE?

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Priyanka N answered.
3 months ago
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Hinduja Global Solutions has signed an agreement with Baring Private Equity to divest its healthcare services business for an enterprise value of $1.2 billion. The deal is expected to be completed over the next 3 months. The healthcare services business of Hinduja Global currently employs over 20,000 personnel across India, Philippines, Jamaica and the US.

In FY21, the healthcare services business had reported revenues of $400 million as per international filings. The healthcare services vertical of Hinduja Global is a tech enabled business that provides solutions in order to enable healthcare teams to deliver better patient outcomes as well as financial results.

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