KKR To Buy Kozhikode's Baby Memorial Hospital: Report

The KKR & Co is preparing to make a comeback in the Indian hospital sector by buying Kerala’s Baby Memorial Hospital, after two years of its mega exit. The company is buying the hospital from the Max Healthcare, the most profitable so far, as buyout fund is all set to acquire over 70 percentage of controlling stake in Baby Memorial Hospital (BMH) with an investment worth $300 million, over Rs 2500 crore, as reported by Economic Times. The official announcement of could be on as early as Monday, said the report.

KKR, the American investment firm is coming back to invest in Indian hospitals after two years.

(This is a developing story)