Sahyadri Hospitals

The acquisition boosts Manipal's bed capacity to 12,000 and adds 11 Sahyadri hospitals across Maharashtra as Ontario Teachers' exits with 2.5x return on investment

The acquisition will bring Manipal's total bed count to about 12,000, making it one of India's largest hospital networks, the Bengaluru-based healthcare major said in a statement

India is among the top markets globally for IHH and contributes around 16-17 per cent to its global revenues

It runs 5 tertiary care and 3 secondary care hospitals with 750 beds across Pune, Nashik and Karad areas