Acquisitions25 May 2026, 09:25 am
Park Medi World to Acquire Medicity Hospital for ₹177 Cr
AI Summary
Park Medi World Ltd has announced the acquisition of V3 Healthcare Private Limited, which operates The Medicity Hospital in Rudrapur, Uttarakhand. The acquisition involves acquiring 80% of the shareholding by August 31, 2026, and the remaining 20% by April 30, 2030, for a total consideration of approximately ₹177 Crores in cash. The Medicity Hospital is a 330-bed multi-super speciality hospital with a turnover of ₹55.74 crores for FY 2025-26.
Key Highlights
- Park Medi World to acquire 100% of The Medicity Hospital, Rudrapur.
- Acquisition cost is approximately ₹177 Crores in cash.
- 80% shareholding to be acquired by August 31, 2026.
- The Medicity Hospital's turnover for FY 2025-26 is ₹55.74 crores.
- The Medicity Hospital is a 330-bed multi-speciality hospital.
Price Impact
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