KKR: invests in hospital chain in India
(CercleFinance.com) - KKR announces the acquisition of a majority stake in Baby Memorial Hospital (BMH), a multi-disciplinary hospital chain in India.
Founded in 1987 by Dr K G Alexander, BMH is a leader in Kerala with 1,000 beds spread between Calicut and Kannur, and plans to expand.
KKR's investment is designed to help BMH develop a national network of hospitals and improve medical infrastructure to provide quality healthcare services to more patients in India.
KKR is making this investment through its Asian Fund IV and draws on its experience in the healthcare sector in India and the Asia-Pacific region.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
Founded in 1987 by Dr K G Alexander, BMH is a leader in Kerala with 1,000 beds spread between Calicut and Kannur, and plans to expand.
KKR's investment is designed to help BMH develop a national network of hospitals and improve medical infrastructure to provide quality healthcare services to more patients in India.
KKR is making this investment through its Asian Fund IV and draws on its experience in the healthcare sector in India and the Asia-Pacific region.
Copyright (c) 2024 CercleFinance.com. All rights reserved.