Manipal Health Enterprises aims to become India's top healthcare provider by acquiring a smaller Indian hospital chain, surpassing Apollo Hospitals Enterprise's bed capacity.
Manipal Health Enterprises, a Temasek-backed hospital firm, aims to become India's top healthcare provider by acquiring a smaller Indian hospital chain. The Bengaluru-based company, with Temasek owning 51% equity, is in talks to buy a hospital firm in eastern India. The acquisition, if successful, would propel Manipal's current 9,500-bed capacity past Apollo Hospitals Enterprise's 10,103 beds, highlighting the competitive landscape in India's healthcare sector.
March 14, 2024
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