KKR-Backed Baby Memorial Hospital 'Eyes' ₹2,700 Cr Star Hospitals Deal! Fortis Healthcare in Close Pursuit – What It Means for Your Investments!

Overview

KKR-backed Baby Memorial Hospital is reportedly nearing a deal to acquire Star Hospitals for ₹2,500-2,700 crore enterprise value. Fortis Healthcare is also a strong contender. Star Hospitals, promoted by Dr. Gopichand Mannam, has annual revenues of ₹500-600 crore. This acquisition could signal a new wave of consolidation in India's healthcare sector.