Hotline: 1800 102 2007
Hotline: 1800 102 2007
Oct, 25 2018

Manipal Health Enterprises in talks to buy stake in Medanta

The proposed transaction will enable The Carlyle Group to exit Global Health Pvt Ltd.

Manipal Health Enterprises in talks to buy stake in Medanta

Manipal Health Enterprises Ltd is in talks to acquire a stake in Gurugram-based super-specialty hospital Medanta—The Medicity.

The proposed transaction will enable The Carlyle Group, a private equity firm, to exit Global Health Pvt Ltd, operating Medanta. Carlyle owns a minority stake in Medanta.

If the acquisition goes through, Singapore state investment firm Temasek Holdings, which also holds a stake of about 18% in Manipal Health, will be able to consolidate its shareholding.

The acquisition of Medanta will help Manipal to boost its revenue and improve profitability. It would also help it to gain a toehold in the northern region.   

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Easy Secure Easy Secure GPS Security Tracking devices made for bikes (Two wheelers),car..
    Locations looking for expansion Madhya pradesh
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size
    Space required 50
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Indore Madhya pradesh
  • About Us: Ø   Mini Miracles Educare is a step in children..
    Locations looking for expansion Haryana
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required 1600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • Multi Cuisine Restaurant
    About Us: Blue’s Kitchen believe that the eyes appreciate first, when Blue’s ..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2019
    Investment size Rs. 30lac - 50lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Others Health Care & Fitness
    About Us: Protein Shoppe India has been in the nutritional supplement..
    Locations looking for expansion Haryana
    Establishment year 2010
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities