Manipal Health Enterprises is in advanced discussions to acquire the Indian operations of Columbia Asia hospital chain. In another development, Mahindra Holidays & Resorts has acquired a minority stake in Great Rocksport.
Manipal Health eyes operations of Columbia Asia
Manipal Health Enterprises is in advanced discussions to acquire the Indian operations of the Columbia Asia hospital chain from its US-based owner Columbia Pacific Management for about Rs1,600 crore ($219 million), The Economic Times reported.