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HSB, VNS sell IHHC stake to US' Bayada

HSB Partners advised US firm Bayada in buying a 26 per cent stake in Chennai’s India Home Health Care (IHHC), which was advised by Chennai law firm VNS Legal.

HSB Partners partner TK Bhaskar, principal associate Varun Sriram and associates Aishwarya Krishnamurthy and Sahana Chandrika acted for Bayada which expects to earn $1bn (Rs 6,300 crore) in revenue next year, reported the Economic Times.

VNS Legal founder VN Shiva Shankar and senior associate Rakesh Cherukuri acted for IHHC which operates in Chennai and Bangalore.

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