DLA Piper, Cyril Amarchand Mangaldas (CAM) and Crawford Bayley & Co have advised India’s Hinduja Global Solutions on the $1.2 billion sale of its healthcare business to Baring Private Equity Asia, which was represented by J Sagar Associates and Ropes & Gray.
According to Reuters, the sale will create growth capital for HGS, the business process management unit of century-old conglomerate Hinduja Group, and allow the company to focus on building its digital services.
The DLA team was led by partners David Kuo, Meraj Noor, Randy Peak II, Leon Medzhibovsky, Ute Krudewagen, and Garrett Kennedy.
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