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Narayana Hrudayalaya to acquire Malaysian hospital

Wednesday, 02 Sep 2009
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Narayana Hrudayalaya, the Bangalore based hospital chain, is expected to acquire a 400-bed multi-specialty hospital in Kuala Lumpur in Malaysia, for around Rs 200 crore.

The hospital chain is expected to finalise the acquisition in a couple of months and will start operations by January 2010.

Narayana Hrudayalaya is expected to treat the hospital as a SPV into which it will funnel external institutional and high net worth individuals' investments.

Also See:

Narayana Hrudayalaya's Hyderabad facility to complete by August (11-Jul-09)

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