Columbia Asia Hospitals

Billionaire Ranjan Pai-controlled hospital chain had earlier taken over Columbia Asia's India operations for Rs 2,100 cr

Manipal Hospitals had signed a deal to acquire India biz of Columbia Asia Hospitals last year.

The amount raised would be partly used to fund the company's acquisition of Columbia Asia Hospitals' India business

The Competition Commission of India (CCI) on Friday approved acquisition of Columbia Asia Hospitals by Manipal Health Enterprises

The acquisition of Columbia Asia will expand the privately-held chain's geographical reach, especially in the underserved eastern region

Malaysia-based hospital chain is also opening hospitals in Kolkata and plans to expand in NCR too