menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

Manipal Gr...
source image

Bloomberg Quint

6d

read

209

img
dot

Image Credit: Bloomberg Quint

Manipal Group Said To Seek $466 Million Debt To Fund Sahyadri Hospitals Acquisition

  • Manipal Education & Medical Group is in talks with global lenders to raise $466 million for the acquisition of Sahyadri Hospitals.
  • Funds could be raised through local currency bonds or loans with tenors ranging from three to five years.
  • Ontario Teachers’ Pension Plan Board has agreed to sell its majority stake in Sahyadri Hospitals to Manipal Hospitals.
  • Acquisition financing presents an opportunity for international lenders seeking growth in India, as per a report from global consultancy firm EY.

Read Full Article

like

11 Likes

For uninterrupted reading, download the app