Narayana Health (NH) is acquiring 100% equity shares of Practice Plus Group Hospitals Limited(PP), a Company incorporated in the United Kingdom. Founded in 1997, PP is an operator of hospitals in the United Kingdom. It has 7 hospitals, 3 Surgical Centers, 2 Urgent Treatment Centers, 3 Musculoskeletal/Diagnostic Centers, 1 Ophthalmology Center with 330 bed capacity. … Read more
In a market cheering, value unlocking move, Aster DM Healthcare (ADHL) has announced segregation of the India and the GCC business. Post-segregation, ADHLÂ will be a focused listed entity holding the India business. The GCC Business will be separated from ADHL to create Aster GCC (AGCC). 100% of the GCC Business will be acquired by … Read more
Mubadala is in discussions to buy a stake of less than 10% in Manipal Hospitals in India. If successful, this would be the Abu Dhabi sovereign fund’s first investment in the expanding Indian healthcare sector, reported Reuters. According to Reuters news report, the fund is in talks with Singapore’s Temasek, which spent $2 billion in … Read more
Dr Agarwal’s Health Care Ltd (DAHCL) is the parent of Dr Agarwal’s Eye Hospital Ltd (DAEHL). DAEHL is the listed entity in which currently DAHCL owns 71.75%. DAEHL is into eye care and related businesses, majorly in Tamil Nadu. DAHCL whereas is into eye care hospitals, opticals, pharmacies and other related services across the country, … Read more
Narayana Hrudayalaya (NH) is in discussions with the regulator (IRDAI) to get into the health insurance business. The plan is to sell a bundled health insurance package that proposes to offer comprehensive care from outpatient consultations to ordering medicines, to health check-ups, diet, physiotherapy and surgeries. In an interview to ET, Viren Shetty, executive vice-chairman … Read more