HCG front runner for Sterling Hospitals

HealthCare Global (HCG), the Bangalore-based cancer-care chain, is understood to be the front-runner to acquire Ahmedabad-based healthcare chain - Sterling Hospitals for close to Rs 500 crore.

Acits Private Equity is holding controlling stake in Sterling Hospitals, which has been put on the block. HCG is understood to be in discussions with the same fund for further resources to finalise the transaction with Sterling Hospitals.