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M&A deals in hospital sector hit a five-year high, says Icra report

The two largest transactions involving the acquisition of stakes in two listed entities - Fortis Healthcare (Rs 4,000 crore) and Max Healthcare (Rs 2,351 crore)

Dasarath Reddy 

Max Healthcare

Credit rating agency on Monday said the merger and acquisition (M&A) deals in the hospital sector jumped 155 per cent in 2018-19, amounting to Rs 7,615 crore as against Rs 2,991 crore in the previous year.

The two largest transactions involving the acquisition of stakes in two listed entities - (Rs 4,000 crore) and (Rs 2,351 crore) — account for 83 per cent of the value of the deals in the year under review. This is the highest value of M&A transaction in the sector in over five years. It is at a record high, according to

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First Published: Mon, May 06 2019. 22:06 IST
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