BRIEF-Adage capital partners reports 5.56 pct passive stake in Fred's Inc
* Adage Capital Partners L.P. reports 5.56 percent passive stake in Fred's Inc as on February 21, 2017 Source text:(http://bit.ly/2lSOCcj) Further company coverage:
NEW DELHI, March 20 India's CitiusTech said on Thursday U.S.-based buyout firm General Atlantic LLC has agreed to invest in the healthcare technology services and solutions provider to help it expand business globally.
While the company did not disclose the financial detail, a source with direct knowledge of the transaction told Reuters General Atlantic would buy a 26 percent stake in CitiusTech for about $120 million.
The partnership will enable CitiusTech to scale its business and leverage General Atlantic's global presence and expertise in the technology and healthcare marketplaces, Rizwan Koita, CEO of the company, said in the statement. (Reporting by Aditi Shah and Indulal PM in Mumbai; Editing by Sumeet Chatterjee)
* Frazier Healthcare VI L.P. reports 16.28 percent stake in Sierra Oncology as on February 14, 2017 - sec filing Source text: (http://bit.ly/2l8KPD5) Further company coverage:
* Agilis Biotherapeutics files to say it raised about $12.7 million in financing from total offering amount of about $23.3 million - SEC filing Source text: (http://bit.ly/2lSIz7p)