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JITENDRA DAS MAGANTI
Sevenhills Hospital RP seeks repossession of hospital from civic bodyAbhilash Lal, the EY-backed resolution professional of the hospital chain, has written to the Municipal Corporation of Greater Mumbai (MCGM...- Nita Ambani-led Reliance Foundation in race to buy Seven Hills Hospital in MarolReliance Foundation is now among 15 entities who have submitted their expression of interest documents to buy the hospital, once touted as ...
- JP Morgan eyes SevenHills’ control with $185m debt buyJP Morgan is discussing debt mop-up from lenders led by Axis Bank so that it could push for strategic changes in business, and prepare it f...
- JP Morgan PE, promoter try to buy each other out of SevenHillsMeanwhile, lenders of the chain, led by Axis Bank, moved court to seek repayment of dues of about Rs 900 crore.
- Netcare joins race to buy majority stake in Seven Hills HealthcareDr. Ravindra Karanjekar, the chief executive officer of Seven Hills Healthcare denied any plans of a stake sale.
- Netcare joins race with Reliance Foundation to buy Seven Hills Healthcare“Depending on valuation, the investors as well as the promoters could look at selling up to a 75% stake in the company,” an investment bank...
- RIL in fray to buy SevenHills HealthcareThe Ambanis had shown a preliminary interest when Dr Maganti hit the market to raise funds two years ago, but talks didn't progress, source...
- Well-known foreign and Indian names eyeing to acquire SevenHills HealthcareThe possible transaction will mark the biggest M&A deal after Fortis bought Wockhardt's 10 hospitals for Rs 909 crore in 2009.
- Seven Hills chief Jitendra Das Maganti, JPMorgan to sell majority stake in hospital chainSeven Hills Healthcare owner Jitendra Das Maganti and private equity investor JPMorgan will jointly sell their majority stake in the 2,000-...
- JP Morgan will infuse capital to help SevenHills stay afloatThe private equity arm JP Morgan will infuse capital to keep afloat SevenHills Hospital and convince lenders to restructure its loans.
- JP Morgan to help SevenHills stay afloatThe private equity arm of the US bank JP Morgan will infuse capital to keep afloat SevenHills Hospital and convince lenders to restructure ...
- SevenHills Healthcare, in talks with key lenders for loan recastAxis Bank has the highest share of SevenHill’s liabilities at Rs 416 crore, followed by Union Bank of India at Rs 63 crore and Allahabad Ba...
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