India

 

Manipal looking to become largest Indian group with acquisition

Manipal Hospitals, India’s second largest hospital group by bed capacity, is in talks to acquire a smaller group in the east of the country. If the deal goes ahead it would make Manipal the largest hospital group in the country by bed capacity, knocking off rival Apollo Hospitals from the top spot.

IHH scraps IPO plans for Indian lab

Pan-Asian hospital giant IHH Healthcare is aborting its plans to IPO its India-based indirect subsidiary Agilus Diagnostics - which was proposed in late summer last year - due to “commercial considerations”.

Quadria investing $1.5bn into South and SE Asia

Singapore-based private equity firm Quadria Capital is set to inject $1.5bn worth of healthcare investments into South and South East Asian countries over the next two to three years. In line with growing trends, India stands to win big, earmarked to receive roughly 50% of the investment.

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