Updated Apr 16, 2021 | 19:01 IST
Manipal Hospitals seeks to build a strong presence in eastern India, and the AMRI deal will make Manipal the largest private hospital chain in the East. Manipal Health revives talks to buy Kolkata-based AMRI Hospitals, offers Rs 1,500 crore. (Representational image)
New Delhi: Bengaluru-based hospital chain Manipal Health Enterprises has reportedly resumed discussions to acquire Kolkata-based AMRI (Advanced Medical Research Institute) Hospitals in a bid to build a robust presence in eastern India after getting the Competition Commission of India (CCI) approval for the acquisition of 100 per cent shareholding in Columbia Asia Hospitals earlier this year.
Both sides have inked a timebound exclusivity pact for bilateral negotiations, people with knowledge of the matter told
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