 "CARE Hospitals")
Hyderabad-based CARE Hospitals has acquired a majority stake in Aurangabad-based United CIIGMA Hospitals for an estimated Rs 400 crore.
The investment will allow CARE to have a presence in three Maharashtra cities. CARE’s network spans 17 healthcare facilities in eight cities and six states of the country. A source said that the size of the deal is between Rs 300-400 crore.
“We are delighted to welcome United CIIGMA Hospitals to the CARE Hospitals network. The addition of this institution adds tremendous clinical depth and scale to our presence in Maharashtra and takes forward our focus on expanding the network
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