Singapore state investment firm Temasek has consolidated its India healthcare portfolio as it sold its stake in Kolkata-based Medica Synergie Pvt Ltd to Bengaluru-headquartered Manipal ..
Manipal to sell Malaysian unit to Ramsay Sime Darby
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220-bed hospital offers more than 30 speciality services
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220-bed hospital offers more than 30 speciality services
Manipal Health Enterprises on Friday said it will divest its Malaysian business to Ramsay Sime Darby Healthcare. The company, however, did not disclose the value of the deal. Set up in 2016, the 220-bed Manipal Hospitals, Klang, is a high-end tertiary care hospital accredited by the Malaysian Society for Quality in Health.
Trauma centre The facility offers more than 30 speciality services, including Klang’s only trauma centre, according to Dilip Jose, managing director and chief executive officer, Manipal Hospitals.
NIIFL invests â¹2,100 cr in Manipal Hospitals The funding comes close on the heels of billionaire entrepreneur Ranjan Pai-led Manipal Hospitals acquiring Columbia Asia Hospitals in India for â¹2,100 crore last November.
Image: Narendra Bisht
Indiaâs sovereign wealth fund, the National Investment and Infrastructure Fund Limited (NIIFL), on Thursday said that it has invested â¹2,100 crore in Bengaluru-headquartered Manipal Hospitals through its private equity fund NIIF Strategic Opportunities Fund (SOF), its first investment in the Indian healthcare sector.
The deal comes close on the heels of billionaire entrepreneur Ranjan Pai-led Manipal Hospitals acquiring Columbia Asia Hospitals in India for â¹2,100 crore last November, making it the countryâs second-largest hospital chain after Chennai-based Apollo Hospitals.