Manipal Healthcare

Manipal Hospitals to take 87% stake in Medica Synergie for Rs 1.4K crore

The acquisition comes as the hospital chain has been working towards expansion efforts. In September 2023, Manipal Hospitals had acquired an 84 per cent stake in Emami Group's AMRI Hospitals

Manipal Health Enterprises nears Rs 1,400 crore deal to acquire Medica

Manipal Health Enterprises (Manipal Hospitals) currently operates 9,500 beds across 33 hospitals in India. Medica has a presence in eastern India with 1,200 beds

Buyouts help Temasek-backed firm Manipal Health vie for top spot in India

Local news website MoneyControl reported earlier this week that Manipal was in the final leg of discussions to acquire Kolkata-based Medica Synergie, which will bring in 1,200 beds.

Mubadala, 2 other funds acquire 8% stake in Manipal Health Enterprises

Abu-Dhabi-based Mubadala Investment Company and two other funds have acquired a minority 8 per cent stake in Manipal Health Enterprises from Singapore's sovereign wealth fund Temasek. Mubadala Investment Company in a statement on Monday said that it is investing in Manipal Health Enterprises. Temasek will continue to hold a majority stake in Manipal, it added. In April last year, Temasek acquired an additional 41 per cent stake in Manipal for more than Rs 16,300 crore, taking its total shareholding to 59 per cent in one of the country's largest hospital chains. According to sources, Temasek has reduced its stake by 8 per cent in the hospital chain. Novo Holdings and California Public Employees' Retirement System (CalPERS) are the other new investors in Manipal Health Enterprises, according to a release by the hospital chain. "Given the ever-increasing demand for high-quality hospital care across India, we look forward to supporting Manipal's growth journey in the years ahead," Hea

CCI okays Manipal Health Enterprises stake sale to Abu Dhabi investment arm

Fair trade regulator Competition Commission of India (CCI) on Monday cleared Seventy Second Investment Company's proposed stake acquisition in Manipal Health Enterprises. The deal has been approved under the green channel route. Manipal Health Enterprises operates a network of hospitals providing multi-specialty care. It has a presence through 27 hospitals in 14 cities in the country. The combination relates to Seventy Second Investment Company proposal to acquire an equity stake in Manipal Health Enterprises Pvt Ltd, CCI said. Seventy Second Investment Company is an investment entity, wholly-owned by the investment vehicle of the Government of Abu Dhabi and is incorporated in the Emirate of Abu Dhabi, United Arab Emirates. "The activities of the parties (including their affiliates) do not exhibit any horizontal, vertical, or complementary overlaps in any of the plausible relevant markets," the competition watchdog said in its notice. Therefore, the proposed combination is being

From adding beds to more high-end surgeries, Manipal's next health plan

Bengaluru-based hospital chain is focusing on adding beds - both organically and inorganically - and offering more high-end and complex surgeries for growth and profit

Manipal Health aims adding 3,600 beds yrs after Temasek controlling stake

Expansion and acquisitions to take hospital chain's total to nearly 12,000 beds

Singapore's Temasek buys 41% stake in Manipal Health for $2 billion: Report

Manipal currently serves over 5 million patients a year through its 29 hospitals in 16 cities with 4,000 doctors, according to a statement issued jointly by the investors

Temasek buys majority stake in Manipal Health in largest wellness deal

Takes stake from promoters, TPG, NIIF at Rs 40,000 crore enterprise value

Manipal Health Enterprises set to buy AMRI Hospitals for Rs 2.3K crore

Temasek will buy controlling stake in Manipal at $4-billion valuation

Manipal Health Enterprises, Emami Group break logjam on AMRI Hospitals

Reportedly, Max Healthcare had entered the fray for AMRI Hospitals, offering a better bid than Manipal Health's Rs 1,800-crore offer for AMRI

Manipal Health may launch IPO after deal to buy AMRI Hospitals

Manipal Health is India's second-largest hospital chain, is estimated to have 8,700 hospital beds

Manipal HealthMap acquires Hyderabad-based Medcis PathLabs in all cash-deal

Through this acquisition, Manipal HealthMap will have access to additional 19 laboratories, including one NABL accredited central laboratory in Hyderabad.

Manipal Health Enterprises plans expansion, may go for IPO in 2 years

Plans organic expansion after unsuccessful attempts to acquire Fortis, Medanta hospitals

After Fortis race, Manipal plots growth in India, overseas markets

Rough estimates show that at a rate of Rs 10 million per hospital bed, the investment in India alone would be around Rs 20 billion