Fortis Healthcare acquires People Tree Hospital in Bengaluru
pre-market1 source ↓written by the desknot a recommendation
- of TMI Healthcare
- 100% acquisition
- valued
- ₹430 cr
Fortis Healthcare Ltd. has entered into definitive agreements to acquire People Tree Hospital in Bengaluru through a 100% acquisition of TMI Healthcare Pvt. Ltd. The deal, valued at ₹430 cr, includes the hospital building, land, and associated debt. This acquisition strengthens Fortis's presence in the healthcare sector in Karnataka.
Not investment advice. For informational purposes only.