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Greed is Good

Manipal Hospitals-Fortis deal?

The race for a SoftBank-for-healthcare is past the start line. TPG-backed Manipal Hospitals’ buyout of Fortis Healthcare is the largest of many recent deals in hospitals. Sounds familiar? Remember e-commerce’s early days when investors changed hands?


Hospitals everywhere are bulking up. The mega-merger of Manipal Health Enterprises (MHE) and Fortis Healthcare, announced last week, has created the largest hospital chain in India. The dealmakers are happy; shareholders and patients will come next. At a town hall on Wednesday evening, the Fortis Healthcare management played up the external circumstances—problems at group financial…

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2 others Vijay Shekar Sharma
Vivek Shah
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