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Manipal, IHH in race to buy Sahyadri Hospitals

March 12, 2025

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Business Standard

Temasek-backed Manipal Hospitals and Malaysian healthcare giant IHH are in the race to acquire Pune-based Sahyadri Hospitals, a 1,200-bed facility, from Canadian pension fund Ontario Teachers' Pension Plan Board (OTPP), sources said.

- SOHINI DAS

The deal size could be around ₹3,500 crore, they said.

OTPP engaged bankers to begin the proposed sale process some time ago. While no official offers were floated yet, sources said the bidding process is likely to start soon.

المزيد من القصص من Business Standard

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time to read

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time to read

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Sebi moves to ease AMC executive pay disclosures

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time to read

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Gold slips below pre-duty hike level as global prices drop

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time to read

1 min

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Artificial intelligence, geopolitics reshaping biz landscape: Chandra

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time to read

1 mins

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A year of A-I crash: Families seek permission to hold candlelight vigil at disaster site

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time to read

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3 Indians missing after tanker attacked off Oman

India late on Wednesday summoned a US embassy official and lodged a protest after an attack on the commercial tanker Settebello off the coast of Oman near the entrance to the Strait of Hormuz, in which three Indian crew members remain missing.

time to read

1 min

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