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Symphony International Invests In Indian Eye Healthcare Provider

Thu, 19th Sep 2019 13:44

(Alliance News) - Investment company Symphony International Holdings Ltd on Thursday said it has invested an undisclosed sum in Indian eye-healthcare provider ASG Hospital Private Ltd.

The company made the investment via a subsidiary and will hold a significant minority interest in ASG Hospital at a cost of less than 5% of net asset value.

ASG Hospital operates 33 clinics, which offer a full range of eye-healthcare services. It also operates an optical and pharmacy business, which is located within clinics.

Symphony is investing alongside Foundation Holdings, a global investment firm focused on building sustainable, industry defining companies.

London-listed shares in Symphony International were untraded USD0.61 per share on Thursday afternoon.

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