Prominent international private equity companies and major Indian healthcare companies are preparing to bid for the Sahyadri Hospitals as the company extends its bidding deadline. As per media reports, the bidders include prominent indian healthcare groups like Max Healthcare, Manipal Hospitals, and private equity companies like KKR, Blackstone, and EQT Partners. Sahyadri Hospitals was bought by the Canadian fund, Ontario Teachers’ Pension Plan Board, for Rs 2500 crore in 2019. The company will go for the bid in the range of Rs 4500 to 5000 crore, says a report by The Economic Times.
Read the full article: Manipal, Max Healthcare, Private Equity Join Race to Bid for Sahyadri Hospitals //
Source: https://www.financialexpress.com/business/industry-manipal-max-healthcare-private-equity-join-race-to-bid-for-sahyadri-hospitals-reportsnbsp-3833176/