Three investors join Arpwood to buy Girish Patel-promoted Sterling Hospitals

Indian and foreign investment firms have joined private equity company Arpwood Partners to acquire Girish Patel-promoted hospital chain Sterling Hospitals for Rs 650-700 crore ($82-88 million), two people close to the development told VCCircle.  While Arpwood picked 46% stake in Sterling Hospitals, the remaining stake was bought by Singapore headquartered investment ......