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Canada’s OTPPB to acquire controlling stake from Everstone in Sahyadri Hospitals

Canadian pension fund Ontario Teachers’ Pension Plan Board ( OTPPB) on August 17 announced an agreement to acquire a significant majority stake in Sahyadri Hospitals Group the largest private hospital chain in the state of Maharashtra, from the Everstone Group. Existing sponsor, Everstone Group, along with key management and founders will retain minority stakes in Canada’s OTPPB to acquire controlling stake from Everstone in Sahyadri Hospitals