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Manipal buys 87% in Kolkata hospital chain for Rs 1,400 crore

[ad_1] BENGALURU: Manipal Hospitals, the second-largest healthcare provider in India, has entered into an agreement to acquire an 87% stake in Medica Synergie, a hospital chain based in Kolkata. While the financial details of the transaction were not disclosed, sources informed TOI that the deal is estimated to be worth Rs 1,400 crore.Following the acquisition…

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General Atlantic acquires majority stake in Ujala Cygnus hospital chain

[ad_1] Private equity major General Atlantic is buying a significant majority stake in Ujala Cygnus, a leading healthcare provider in northern India with a network of 21 hospitals serving Tier-II and Tier-III cities. The investment from General Atlantic underscores the strength and resonance of Ujala Cygnus’ mission-driven strategy to expand access to affordable healthcare in…

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