Temasek To Acquire Additional 41% Stake In Manipal Health Enterprises For Rs 16,300 Crore
Temasek will buy the stake from private equity firm TPG as well as Manipal founder Ranjan Pai's family, the companies said in a joint statement.
Apr 10, 2023, 14:37 PM IST
Fortis indicated inability to engage in deal due to Manipal pact: IHH Healthcare
IHH had joined the race last week to acquire India's troubled Fortis, offering higher price than Manipal's Rs 155 a unit, which valued the company at Rs 6,061 crore.
Apr 16, 2018, 16:54 PM IST
Fortis board approves demerger of its hospital biz
Manipal Hospitals, part of Manipal Education and Medical Group (MEMG), is owned by Dr Ranjan Pai and has been backed by TPG, a leading global alternative asset firm and experienced healthcare investor since 2015.
Mar 28, 2018, 14:47 PM IST
Fortis Healthcare shares dive 11% on hospital biz demerger
The stock, after making a weak opening, cracked 9.96 percent to Rs 128.25.
Mar 28, 2018, 12:19 PM IST
Fortis Healthcare gets unsolicited offer from Manipal Health
Fortis board was reportedly expected to meet Manipal Health for approving the proposed merger.
Mar 27, 2018, 13:57 PM IST
Here comes an app to rescue you in an emergency!
The Medikoe app aims to fill this gap, he pointed out.
Mar 15, 2016, 17:01 PM IST
