Acquisitions31 Oct 2025, 02:01 am
Narayana Hrudayalaya Ltd to Acquire Practice Plus Group Hospitals Limited for GBP 188.78 Million
AI Summary
Narayana Hrudayalaya Ltd, through its subsidiary Narayana Hrudayalaya UK Ltd., has agreed to acquire 100% equity shares of Practice Plus Group Hospitals Limited, a UK-based healthcare provider. The total consideration for the acquisition is GBP 188.78 million. Practice Plus Group Hospitals Limited has a turnover of GBP 229 million in FY24 and operates 7 hospitals, 3 surgical centers, 2 urgent treatment centers, 3 musculoskeletal/diagnostic centers, and 1 ophthalmology center with a total bed capacity of 330. The acquisition is expected to be completed within 6 business days after the date of the agreement.
Key Highlights
- Narayana Hrudayalaya Ltd to expand its international presence with the acquisition of Practice Plus Group Hospitals Limited.
- The total consideration for the acquisition is GBP 188.78 million.
- Practice Plus Group Hospitals Limited has a turnover of GBP 229 million in FY24 and operates 7 hospitals and several other healthcare facilities.
- The acquisition is expected to be completed within 6 business days after the date of the agreement.
- This acquisition marks Narayana Hrudayalaya Ltd's entry into the UK healthcare market.