Temasek to acquire 41% stake in Manipal Health Enterprises
Manipal Group will hold about 30% of Manipal Health post the deal.
Manipal Group will hold about 30% of Manipal Health post the deal.
With Manipal Hospitals wrapping up a deal to buy Columbia Asia Hospitals, Ranjan Pai has chalked off a major item on his bucket list: building a pan-India hospital chain. But he is far from done.
Tech advancements are creating new opportunities in healthcare with artificial intelligence, blockchain, and data analytics leading the way.
Losing the bidding war for Fortis was a setback for Ranjan Pai and his Manipal group, but that hasn’t dampened his enthusiasm. His plan to expand the group’s base and business portfolio is still on.
The war for Fortis, Havells’ big switch to consumer durables, Emami’s new act, and more from the June, 2018 issue.
IHH Healthcare beat TPG-backed Manipal Hospital Enterprises with its offer of an investment of Rs 4,000 crore at a price of Rs 170 per equity share.
The fight for India’s second-largest hospital chain is getting more complicated by the day. We look at the main contenders and what each brings to this battle.
Ranjan Pai’s Manipal Health Enterprises’ acquisition of Fortis Healthcare’s hospital business will help it expand quickly across the country.