Reliance and Capri Global acquire SevenHills Hospital
after close1 source ↓written by the desknot a recommendation
- following a corporate
- 1,500-bed SevenHills Hospital
- for secured creditors
- ₹449 cr
- for the Municipal
- ₹223.4 cr
Reliance Industries and Capri Global Holdings are set to acquire Mumbai's 1,500-bed SevenHills Hospital following a corporate insolvency resolution plan approved by the NCLT. The plan includes ₹449 cr for secured creditors and ₹223.4 cr for the Municipal Corporation of Greater Mumbai. This acquisition marks the end of an eight-year impasse in the hospital's ownership.
Not investment advice. For informational purposes only.