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Blackstone Deepens India Push With $5 Billion Hospital Deal
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Market Update

September 5, 2025

Recent Transactions

IPO Advisory to a leading hospitality player, a Blackstone portfolio company

c. USD 190.0 mn

IPO Advisory to a leading diamond and jewelry certification company, a Blackstone portfolio company

c. USD 500.0 mn

IPO Advisory to a leading CDMO player, a TPG portfolio company

c. USD 360.0 mn

Sell side advisory to Perfect Day on sale of 50% stake in Sterling Biotech to Zydus

Undisclosed

Advisor to ICICI Bank for the delisting of ICICI Securities pursuant to a scheme of arrangement

Undisclosed

Advised on the merger of Indian consumer healthcare business with

c. USD 4.5 bn

Strategic advisory to Jera on SPAC of ReNew Power

Undisclosed

Board advisory on payment of royalty to parent company

Undisclosed

Strategic advisory to a global telecom player on its investment in India

Undisclosed

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