Manipal Hospitals acquires Vikram Hospital in a move to expand operations in India

INDIA – Manipal Hospitals, the second largest hospital chain in India, has acquired 100% stake in Bengaluru-based multi-specialty hospital Vikram Hospital for a USD 47.9 million. The hospital which is working to expand its operation in Eastern India also acquired Columbia Asia Hospitals in April this year for about 300 USD. Manipal hospitals now has ten operational hospitals in Bengaluru city. Set up in 2009, Vikram Hospital is a 200-bed tertiary care facility located in the central business district and is best known for its clinical expertise in the fields…

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