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KKR Acquires Controlling Stake in South India Hospital Chain
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KKR Acquires Controlling Stake in South India Hospital Chain
Jul 1, 2024 2:19 AM

05:07 AM EDT, 07/01/2024 (MT Newswires) -- KKR (KKR) said Monday it agreed to acquire a controlling stake in Baby Memorial Hospital, a 1,000-bed regional hospital chain in India's Kerala state.

Financial details were not disclosed.

The stake was purchased through KKR's Asian Fund IV, adding to a portfolio of healthcare investments that include a hospital network, a medical device company, a healthcare software firm, and a pharmaceutical company.

Price: 105.00, Change: -0.24, Percent Change: -0.23

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