Manipal Hospitals to raise $29m from private equity
Manipal Hospitals, India’s third largest healthcare group, is seeking as much as INR1.5 billion ($29 million) from private equity firms for a minority stake in order to fund expansion.
Kotak Investment Banking has informally been awarded the mandate to close the deal and has received two proposals, a person close to the development told LiveMint. Another healthcare-focused private equity...
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