Kolkata Call Girls Services 9907093804 @24x7 High Class Babes Here Call Now
Healthcare biggies eye seven hills
1. HEALTHCARE BIGGIES EYE
SEVEN HILLS
MALAYSIA'S IHH, APOLLO, FORTIS AMONG COS IN FRAY FOR
CHAIN VALUED AT OVER RS`2K CR
Brought to you by
2. CONTD..
• WELL-KNOWN FOREIGN AND INDIAN NAMES ARE EYEING TO ACQUIRE
SEVENHILLS HEALTHCARE AFTER FOUNDER DR JITENDRA DAS MAGANTI AND
PRIVATE EQUITY INVESTOR JP MORGAN MANDATED GOLDMAN SACHS TO FIND
BUYERS FOR THE OVER THREE-DECADE-OLD MULTISPECIALTY HOSPITAL CHAIN.
• MALAYSIA'S IHH HEALTHCARE, ASIA'S LARGEST HOSPITAL OPERATOR BY STOCK
MARKET VALUE; APOLLO HOSPITALS ENTERPRISE, INDIA'S BIGGEST HOSPITAL
CHAIN; FORTIS HEALTHCARE; NOTED CARDIAC SURGEON NARESH TREHAN-FOUNDED
MEDANTA; AND RADIANT LIFE CARE, WHICH MANAGES THE NA
NAVATI HOSPITAL IN MUMBAI, ARE AMONG THE POTENTIAL SUITORS FOR THE
2,000-BED CHAIN, VALUED AT OVER RS 2,000 CRORE.
Brought to you by
3. CONTD..
• FOUNDED IN 1982, SEVENHILLS HEALTHCARE OWNS TWO HOSPITALS IN THE
COUNTRY--ONE IN VISAKHAPATNAM AND THE OTHER IN MUMBAI. THE
1,500BED MUMBAI HOSPITAL, WHICH HIT HEADLINES WHEN ACTRESS
AISHWARYA RAI DELIVERED HER BABY GIRL THERE, IS THE COUNTRY'S BIGGEST
PRIVATE HOSPITAL IN A SINGLE LOCATION SPREAD OVER 17 ACRES IN THE
WESTERN SUBURB OF ANDHERI.
• TALKS ARE CURRENTLY AT PRELIMINARY STAGE, SAID A SOURCE IN THE KNOW
OF THINGS. THE POSSIBLE TRANSACTION WILL MARK THE BIGGEST MERGER AND
ACQUISITION (M&A) DEAL IN THE COUNTRY'S HOSPITAL SERVICES SPACE AFTER
FORTIS BOUGHT WOCKHARDT'S 10 HOSPITALS FOR RS 909 CRORE IN 2009.
Brought to you by
4. CONTD..
• WHILE AN EMAIL SENT TO SEVENHILLS DIDN'T ELICIT ANY RESPONSE TILL THE TIME
OF GOING TO THE PRESS, RADIANT, APOLLO AND FORTIS SAID THEY DO NOT
COMMENT ON M&A SPECULATION. AN IHH SPOKESPERSON SAID, “THE COMPANY IS
ALWAYS LOOKING AT VARIOUS VALUE ACCRETIVE OPPORTUNITIES TO ADD TO ITS
PORTFOLIO. HOWEVER, IT IS NOT APPROPRIATE FOR US TO COMMENT ON SPECIFIC
TRANSACTIONS.“ MEDANTA COULDN'T BE REACHED FOR COMMENTS.
SHAREHOLDERS HAVE DECIDED TO EXIT FROM SEVENHILLS HEALTHCARE WITH THE
CHAIN REELING UNDER HUGE DEBT FOR THE PAST TWO YEARS.
• THE COMPANY'S DEBT BALLOONED TO OVER RS 900 CRORE PRIMARILY BECAUSE OF
ITS AMBITIOUS MUMBAI PROJECT AND THE SUBSEQUENT DELAY CAUSED BY A
DISPUTE WITH THE MUNICIPAL CORPORATION.
Brought to you by
5. CONTD..
• LAST YEAR, SEVENHILLS HEALTHCARE LENDERS RESTRUCTURED ITS LOANS
AFTER MAGANTI AND JP MORGAN PUMPED IN MORE MONEY INTO THE FIRM. JP
MORGAN, THROUGH ITS ASIAN INFRASTRUCTURE FUND, OWNS 35% STAKE IN
SEVENHILLS HEALTHCARE AND HAS INVESTED A TOTAL OF RS 500 CRORE AT
DIFFERENT STAGES.
Brought to you by
6. THIS PLATFORM HAS BEEN STARTED BY PARVEEN KUMAR
CHADHA WITH THE VISION THAT NOBODY SHOULD SUFFER THE
WAY HE HAS SUFFERED BECAUSE OF LACK AND IMPROPER
HEALTHCARE FACILITIES IN INDIA. WE NEED LOTS OF FUNDS
MANPOWER ETC. TO MAKE THIS VISION A REALITY PLEASE
CONTACT US. JOIN US AS A MEMBER FOR A NOBLE CAUSE.
Brought to you by
7. OUR VIEWS HAVE INCREASED THE MARK OF THE
59,000.
THANK YOU VIEWERS.
LOOKING FORWARD FOR FRANCHISE,
COLLABORATION, PARTNERS.
Brought to you by
8. Contact Us:-
JOIN US
011-25464531, 011-41425180, 011-66217387
+91-9818308353,+91-9818569476
othermotherindia@gmail.com
www.other-mother.in
Also Visit Saxbee Consultants Details :-www.parveenchadha.com
https://cparveen.wix.com/other-mother
https://twitter.com/othermotherindi
http://www.linkedin.com/profile/view?id=326103341&trk=nav_responsive_tab_prof
ile
https://www.facebook.com/pages/Other-Mother-Nursing-Crusade/224235031114989?ref=hl
A WORLDWIDE MISSITION
Brought to you by