Global private equity firm KKR, which had notched a fivefold return in its exit from Max Healthcare, is doubling down on its hospital bets in South India. In its latest move, KKR-owned Kerala hospital chain Baby Memorial Hospital (BMH) has acquired a significant majority stake in Kozhikode-based Meitra Hospital, people familiar with the development said. BMH is also in early discussions to buy Star Care Hospital, another Kozhikode-based chain, the people said. The expansion underscores KKR’s strategy of consolidating quality hospital assets in the region.
Read the full article: PE Fund KKR Closes Third Buy in Kerala, at Meitra Hospital //
Source: https://m.economictimes.com/industry/banking/finance/pe-fund-kkr-closes-third-buy-in-kerala-at-meitra-hospital/amp_articleshow/124032540.cms