Manipal Hospitals has acquired an 87% stake in Kolkata-based Medica Synergie, a subsidiary of Singapore s Temasek Holdings. The deal, valued at Rs1200 crore, is part of Manipal Hospitals strategy to expand its presence in Eastern India. The acquisition comes after Sheares Health, the healthcare platform owned by Singapore s Temasek Holdings, acquired an additional 41% stake from existing investors and the promoter family for Rs16,500 crore.
New Delhi : The FICCI (Federation of Indian Chambers of Commerce and Industry) on the opening day of its 17th annual healthcare conference FICCI HEAL 2023 delved into the strategies and opportunities that can drive the growth of the healthcare in
The theme of this year’s healthcare conference is ‘Healthcare METAmorphosis’ The conference was inaugurated by Prof. S P Singh Baghel, Hon’ble Union Minister of State for Health & Family Welfare, (GoI).New Delhi: The FICCI (Federation of India
Singapore sovereign wealth fund Temasek is selling 8-9% of its stake in Manipal Hospitals to Abu Dhabi fund Mubadala and Brunei Investment Authority. Temasek will continue to hold a 51% stake in the hospital chain. The sale is part of Temasek s portfolio rebalancing strategy and could potentially help Manipal Hospitals in the future with large-scale expansion opportunities.