Financial Daily from THE HINDU group of publications
Wednesday, Jun 01, 2005

Port Info

Group Sites

Markets - Foreign Institutional Investors

WestBridge stake in Dr Lal PathLabs

Our Bureau

NEW DELHI: The Mauritius-based WestBridge capital Partners on Tuesday announced acquisition of 26 per cent stake in Dr Lal PathLabs, according to a company release. However, no investment figures were made available by the company.

WestBridge is a Mauritius-based US-India focussed fund with a corpus of around $140 million. The fund focuses primarily on services companies.

Dr Lal PathLabs is on of the largest domestic diagnostic companies running clinical pathology laboratory chains through the franchisee route and has recorded strong growths during the last five years.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
SKF drops delisting plans

Tata MF launches mid-cap fund
Bulls prevail
REI Agro moves up on new biz plans
Hikal inches up on growth prospects
JBF Industries gains on expansion plans
Outlook may turn positive for Tata Motors, Hero Honda
WestBridge stake in Dr Lal PathLabs
ITC, REL drive positive sentiment
Jindal Poly Films to tap market to raise Rs 300 cr

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line