M&A
Park Group of Hospitals acquires Grecian Hospital for $35-M
Delhi NCR-based Park Group of Hospitals has acquired 100% stake in Mohali-based Grecian Hospital, a 450-beds super specialty hospital. Advay Capital Advisors was the exclusive financial advisor to Grecian Hospital and the promoters for the transaction. The deal value is pegged at around USD 35 million. Grecian Hospital will cater to treatments of adults and children related to heart disease, brain & spine disease, bone & joint replacement, cancer treatment (medical & surgical), stomach & liver, respiratory, renal, dialysis, emergency, and critical care. The hospital has an ICU with 150 beds.
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