Manipal Hospitals is set to acquire Pune-based Sahyadri Hospitals for an estimated amount between ₹6,200-₹6,400 crore.
The acquisition will add 11 hospitals to Manipal's network across Pune, Nashik, Ahilya Nagar, and Karad, increasing its total number of hospitals to 49.
This move will expand Manipal's presence in western India and increase its total bed count to approximately 12,000, making it one of India's largest hospital networks.
The deal was done through agreements with Ontario Teachers', with both parties expressing optimism about the growth opportunities and the potential to enhance healthcare services in the region.