Manipal Healthcare

Manipal currently serves over 5 million patients a year through its 29 hospitals in 16 cities with 4,000 doctors, according to a statement issued jointly by the investors

Takes stake from promoters, TPG, NIIF at Rs 40,000 crore enterprise value

Temasek will buy controlling stake in Manipal at $4-billion valuation

Reportedly, Max Healthcare had entered the fray for AMRI Hospitals, offering a better bid than Manipal Health's Rs 1,800-crore offer for AMRI

Manipal Health is India's second-largest hospital chain, is estimated to have 8,700 hospital beds

Through this acquisition, Manipal HealthMap will have access to additional 19 laboratories, including one NABL accredited central laboratory in Hyderabad.

Plans organic expansion after unsuccessful attempts to acquire Fortis, Medanta hospitals

Rough estimates show that at a rate of Rs 10 million per hospital bed, the investment in India alone would be around Rs 20 billion