Manipal to buy AMRI Hospitals for Rs 2,400 crore

At present, it has nearly 8,300 beds across 28 hospitals. Negotiations between Manipal and Emami had started in 2018 and, last year, Manipal had agreed to buy AMRI for ₹1,800 crore. But the Kolkata-based Emami Group backed out from the agreement, causing Manipal to initiate arbitration proceedings.

Source: The Economic Times - March 27, 2023 Category: Consumer Health News Source Type: news