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ADIA to Invest $200 Million in Indian Medtech Firm Meril, Valuing It at $6.6 Billion

ADIA to invest $200mln in India’s $6.6bln medical device firm Meril

The Abu Dhabi Investment Authority (ADIA) is set to invest $200 million in Micro Life Sciences Private Limited (Meril), a leading Indian medical devices manufacturer. The investment will secure ADIA an estimated 3% equity stake, valuing the Gujarat-based company at approximately $6.6 billion. The deal, executed through a wholly owned ADIA subsidiary, is currently pending … Read more