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Sheares agrees to buy majority stake in Manipal Hospitals: Report
short by Ambarish Awale / on Friday, 7 April, 2023
Temasek-owned Sheares Healthcare India has sealed an agreement to acquire a majority stake in Manipal Hospitals in what will be India's largest ever private equity deal in the healthcare sector, Moneycontrol reported. The deal will reportedly take Sheares' stake in Manipal to 59%. Manipal Hospitals will be valued at around ₹40,000-42,000 crore as part of the deal, the report added.
read more at Moneycontrol