Blackstone likely to aid Manipal Group's Ranjan Pai buy Medanta Hospital, says report
Updated : February 18, 2019 08:30 AM IST
Blackstone is funding Pai family's privately held firm Manipal Education & Medical Group (MEMG), which owns 60 percent of Manipal Hospitals, the report said.
TPG and Temasek, the existing investors in Manipal Hospitals, are also considering to proportionately infuse primary capital to retain their shareholding, said the report.
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