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Morgan Stanley to invest Rs 145 crore in Manipal Health Enterprise

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Morgan Stanley to invest Rs 145 crore in Manipal Health Enterprise

Manipal Health Enterprises Pvt Ltd is backed by private equity majors including Singapore’s Temasek and TPG.

Mumbai: Morgan Stanley India Infrastructure (MSII) Wednesday committed a Rs 145 crore investment in Manipal Health Enterprise, the healthcare arm of Manipal Education and Medical Group, for an undisclosed stake.

The tie-up involves an investment of Rs 100 crore in Healthmap, a Public Private Partnership for diagnostic imaging in Indian healthcare, a statement said.

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Also Read: Temasek eyes to acquire 18 per cent stake in Manipal Healthcare

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Source: Bloomberg
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