Manipal Hospitals completes acquisition of Columbia Asia
The Hindu
The ₹2,100 crore deal got the regulatory nod on Friday.
Manipal Hospitals on Friday completed the acquisition of Columbia Asia hospitals in a ₹2,100 crore deal. The acquisition makes Manipal Hospitals the country's second largest multi-specialty hospital chain, according to a company statement. Commenting on the completion of the deal, Dr. Ranjan Pai, Chairman, Manipal Education and Medical Group (MEMG), said, “We are pleased to have completed the regulatory processes that now allow two healthcare delivery organisations to function as one.''
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