Manipal Health News

Companies

Morgan Stanley to invest ₹145 crore in Manipal Health Enterprise

The tie-up involves an investment of ₹100 crore in HealthmapManipal Health Enterprise is the health arm of Manipal Education and Medical Group

1 min read16 May 2019
Companies

Manipal eyes Medanta after failed Fortis Healthcare bid

The TPG Capital-Manipal combine is the only party that is actively pursuing Medanta after Malaysia’s IHH Healthcare withdrew its non-binding bid following its acquisition of Fortis Healthcare

2 min read26 Oct 2018
Opinion

Fortis Healthcare takeover drama has few heroes

TheFortisboard is largely to blameforfailure to discharge its dutytowardsthe shareholders

3 min read16 May 2018
Companies

Fortis board approves binding offer from Hero-Burman family offices

With the approval of binding offer from Hero-Burman family offices, the Fortis board has set aside bids from a combine of TPG-Manipal Health and IHH Healthcare

1 min read11 May 2018
Companies

Fortis panel yet to reach consensus on winning bidder

The panel has to decide between the offers by Manipal-TPG, IHH Healthcare and an unnamed Sunil Munjal-led entity

2 min read15 May 2018
Companies

IHH’s last-minute binding bid heats up race for Fortis

The bidding war for control of Fortis Healthcare Ltd reached its final stage on Tuesday with Malaysia's IHH Healthcare Bhd making a binding offer of Rs650 crore for immediate infusion into the stricken hospital operator

2 min read24 Apr 2018
Companies

News in Numbers: Facebook employees to be beefed up to 20,000 to filter out fake news

In other news, BJP spent Rs606.74 crore on election propaganda in 2016-17 while Congress spent Rs149.65 crore for the same period

3 min read11 Apr 2018
Companies

HC asks Fortis’ reply in Daiichi Sankyo’s attempt to stop its sale to Manipal

The application was moved by Daiichi in the light of its ongoing execution proceedings against former Fortis promoters Malvinder and Shivinder Singh for recovery of a Rs3,500 crore arbitral award

2 min read6 Apr 2018
Market

Fortis Healthcare’s investors sulk at Manipal deal but may smile if IHH Healthcare betters it

The Fortis Healthcare board appears to have signed definitive agreements but shareholders may have wanted to see what IHH has to offer, before signing off on it

3 min read29 Mar 2018
Companies

Fortis-Manipal deal faced multiple hurdles: TPG Capital’s Puneet Bhatia

The Fortis-Manipal deal is still not settled and we have to jump through multiple hoops, but this is the first big milestone, says TPG Capital's Puneet Bhatia

2 min read29 Mar 2018
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