manipal group
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Franchise India Bureau Apr 11 2018 - 3 min readManipal Hospital Enterprises Private Ltd (Manipal Hospitals) has submitted another bid to buy Fortis Healthcare after consulting with the latter's shareholders, who expressed their dissatisfaction with the earlier offer. As a part of the revised offer, Fortis' hospital business is valued at Rs 6,061 crore (Rs 116 per share), which represents ...
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Franchise India Bureau Mar 29 2018 - 3 min readFortis Healthcare Ltd has confirmed the agreement process to sell its hospital business to private equity firm TPG Capital-backed Manipal Health Enterprises Pvt. Ltd, creating India’s largest healthcare services provider by revenue. Fortis said in a statement, its shareholders will get 10.83 shares of the combined entity for every 100 shares ...
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Franchise India Bureau Mar 21 2018 - 2 min readStar Union Dai-ichi Life Insurance Co. Ltd. (SUD Life) partnered with Manipal Global Education Services (MaGE) for a customised life insurance training program for its future employees. The program will be delivered at the Manipal Global Academy of BFSI Campus in Bengaluru. The candidates will undergo a one-year customised ...
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Franchise India Bureau Sep 29 2017 - 2 min readMobile health company, Grow Fit has raised $4.5 million in Series A funding led by MEMG (Manipal Education and Medical Group), the PE arm of the Manipal Group. Existing investors, SAR Group and The Grover Trust also participated in this round.With this investment, Dr. Ranjan Pai, the MD & CEO of MEMG, will be joining ...