Khazanah’s Parkway tipped to buy Sterling Hospitals from Actis
Parkway Holdings, the Singapore-based hospital operator owned by Khazanah Nasional, is the favored bidder for Actis’ Sterling Hospitals. The deal, which could be worth around INR7 billion ($142 million), would allow Parkway to enter India’s $65 billion healthcare sector.
The principal rival bidder, South India-based Manipal Health Enterprises, confirmed to The Economic Times that Sterling had eliminated it from the running. In addition to Manipal and Parkway, AMRI Hospital,...
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