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.
The deal is expected to optimise resource allocation as Poonawalla Fincorp focuses on consumer and MSME financing.
In terms of deal volume, investment activity increased by 50% to 63 deals in July from 42 in July last year.