TPG Capital-Manipal set to acquire Medanta in big-ticket Indian healthcare deal

TPG Capital-Manipal set to acquire Medanta in big-ticket Indian healthcare deal

Photo: Pradeep Gaur/Mint

Buyout firm TPG Capital and Manipal Hospitals are set to announce the purchase of Dr Naresh Trehan’s Medanta chain of hospitals as soon as next week, in one of the largest acquisitions in the Indian healthcare industry, two people aware of the development said.