ADIA invests $200 million in medical devices co Meril

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Abu Dhabi Investment Authority (ADIA) is set to invest $200 million for a 3% stake in the Indian medical device company, Meril, valuing the company at $6.6 billion. This investment, pending regulatory approval, will position Meril with backing from both ADIA and Warburg Pincus. The funding aims to accelerate Meril's growth and R&D efforts in advanced healthcare solutions.

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