India: Narayana Hrudayalaya to acquire NewRise Healthcare for $28m

India: Narayana Hrudayalaya to acquire NewRise Healthcare for $28m

Multispecialty hospital chain Narayana Hrudayalaya Ltd will acquire multi-speciality hospital NewRise Healthcare Pvt Ltd for Rs 180 crore ($27.8 million), from Delhi-based drug maker Panacea Biotec Ltd, the company said in a stock market disclosure.

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