Bangalore based Sagar Hospitals which plans to take up expansion, has
appointed PricewaterhouseCoopers (PWC) to draw up a roadmap includes raising funds from PE players and
for a public listing in three years.
The company plans to raise Rs 150-Rs 200 crore through dilution of up to 15
per cent and PWC has been mandated to shortlist PE Funds as well as help to list
the company.
Sagar is likely to infuse Rs 350 crore in the next three years in setting up
1,000 beds across Davangere, Hubli and Mysore in Karnataka. It also intends to
set up a poly clinic and a day surgical centre in the Health City in Dubai and a
poly-clinic in Muscat.