Manipal Health Enterprises and Emami Group have begun fresh talks for the sale of the latter’s hospital business, AMRI Hospitals, after the previous round of talks entered into a logjam, with Manipal Health moving Delhi High Court (HC).
A source close to the development said that fresh discussions have begun between the two parties and a revised bid is also being considered.
“The matter is sub judice in Delhi HC, and now both Manipal Health and Emami want to quickly go for a settlement,” said a source, declining to share the revised bid price.
“There are pending legal issues. Approval