TPG-Manipal in talks to buy a majority stake in Medanta, says report
Updated : October 24, 2018 09:36 AM IST
“While the discussions are still on and it is yet to submit a bid, Manipal-TPG is likely to offer a valuation of Rs 6,000 crore for Medanta,” sources told the paper.
TPG-Manipal is the only active bidder for Medanta after Malaysia’s IHH Healthcare withdrew its non-binding bid after it acquired Fortis Healthcare Ltd in July.
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