Manipal's Pais look to raise $500 million, talks on with Barclays, Deutsche, DBS, Nomura & Stanchart https://ift.tt/xRWs0q3

The proposed transaction is likely to value Manipal Hospitals at around ₹18,000 crore, said a second person. If the deal fructifies, it will yield a near three-fold return for the US PE firm on its seven-year-old investment.

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