India Business News: BENGALURU: Manipal Hospitals, the second-largest healthcare provider in India, has entered into an agreement to acquire an 87% stake in Medica Synergi.
Manipal Hospitals | After AMRI Hospitals, Manipal Hospitals acquires 87 per cent stake in Kolkata-based hospital chain Medica Synergie telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.
Manipal Hospitals announced on Monday that it has signed a binding agreement to acquire an 87 per cent stake in Kolkata-based hospital chain Medica Synergie.
Manipal Hospitals, India s largest hospital chain with 10,500 beds, considers its current figure of beds "insignificant" in the country s context and is actively seeking acquisitions. They recently signed an agreement to acquire an 87% stake in Kolkata-based Medica Synergie for about Rs 1,400 crore, aiming to become the largest hospital chain in India. Manipal plans to expand in the eastern region and other locations like Kerala, Vizag, and Hyderabad.