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Hillhouse Investment has acquired an approximately 17% minority stake in Modern Dental Group Ltd. for HK$935 million ($120 million). The transaction involves the purchase of shares from the company’s controlling shareholders, establishing Hillhouse as a significant investor. Modern Dental, a global dental solutions provider, is listed on the Hong Kong Stock Exchange. This deal positions Hillhouse, a major private equity firm, to support the company’s strategic growth, though initial reports indicate the investment is financial rather than seeking operational control.
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