Manipal group in advanced talks to purchase AMRI Hospital

The Manipal Group is in advanced discussions with the Emami Group to buy the AMRI hospital chain at an enterprise value of around Rs 1,500 crore. A deal is likely to be announced soon. Emami’s AMRI Hospitals has three super specialty hospitals in Kolkata and a fourth one in Bhubaneswar. The chain has a capacity of 1,200 beds across the four hospitals.

Why it’s important: As the pandemic recedes, there has been a rebound in more patients, making hospitals attractive to investors. There also seems to be consolidation in the space as bigger hospital operators buy out smaller chains.
MB Bureau