HOME > MARKETS > COMPANY NEWS
  COMPANY NEWS
COMPANY
Healthcare Global Enterprises signs SPA to divest entire stake in BACC Health Care
May-20-2026

Healthcare Global Enterprises has entered into a Share Purchase Agreement (SPA) with BACC Health Care (BACC) and Inviga Healthcare Fund I (Buyer) in relation to the divestment by way of sale of the company’s entire equity shareholding in BACC to the Buyer and its nominee, for a consideration of Rs 37.64 crore, on the terms agreed under the SPA. The company has executed the SPA on May 19, 2026.

BACC is not a material subsidiary of the Company and is engaged in the business of fertility and reproductive healthcare services, which is not a core business activity of the Company. The completion of the Proposed Transaction is expected to occur within 4-5 weeks from the date hereof, subject to the terms of the SPA.

Healthcare Global Enterprises (HCG) is Bengaluru based provider of speciality healthcare in India focused on cancer and fertility. It operates the largest cancer care network in India in terms of the total number of private cancer treatment centres licensed. It also operates fertility centres under the ‘Milann’ brand.


  RELATED NEWS >>