Home / Business and Economy / Manipal Acquires Kinder Hospital for Rs 130 Crore
Manipal Acquires Kinder Hospital for Rs 130 Crore
18 Aug
Summary
- Manipal Health Enterprises is acquiring Kinder Women's Hospital in Bengaluru.
- The acquisition is valued at Rs 130 crore through a business transfer agreement.
- This move strengthens Manipal's presence in Bengaluru's Whitefield area.
Manipal Health Enterprises has announced its acquisition of Kinder Women's Hospital in Bengaluru. The transaction is valued at Rs 130 crore and involves a business transfer agreement for the hospital's complete operations and assets.
This strategic acquisition is poised to reinforce Manipal Hospitals' presence within one of Bengaluru's rapidly expanding healthcare sectors. It will further extend the reach of their specialized clinical capabilities to a larger patient population.
The integration of Kinder Hospital into Manipal's network is anticipated to strengthen its foothold in the Whitefield micro-market. This expansion aligns with Manipal's ongoing commitment to delivering high-quality, patient-centric care.
