Malaysia’s IHH submits $843-873m bid for India’s Medanta, Temasek likely to follow suit

Photo: Pradeep Gaur/Mint

Malaysia’s IHH Healthcare Bhd has submitted a bid to buy a controlling stake in Medanta-The Medicity super specialty hospital, two people aware of the development said. The bid values the premier hospital at Rs5,500-5,700 crore, the first of the two people said on condition of anonymity.

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