Searched for
SEVENHILLS HEALTHCARE
IBC turns lifeline for hospitals: Investors snap up distressed healthcare firmsPromoter-driven firms and hospital operators are targeting stressed healthcare assets through insolvency processes due to lower valuations....01 Jan, 2025, 06.33 AM IST- MGM Healthcare promoter acquires Vizag's SevenHills Hospital under IBCThe Amravati bench at Mangalagiri of the National Company Law Tribunal approved a ₹171 crore resolution plan against ₹1,361.89 crore admitt...11 Jul, 2024, 11.21 PM IST
- 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...20 Mar, 2023, 07.09 PM IST
- Max, Princeton Healthcare among 11 entities interested in SevenHills HospitalJP Morgan Chase-backed SevenHills Hospital, which operates 1,500 beds in Mumbai and 303 beds in Visakhapatnam, is undergoing insolvency pro...17 Feb, 2023, 09.57 AM IST
- BRS Group highest bidder for SevenHills hospitalDespite being endorsed by a Bollywood superstar, SevenHills failed to take off in Mumbai on the back of poor location and mismanagement.25 Aug, 2018, 06.53 AM IST
- 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 ...07 Jun, 2018, 10.54 AM IST
- BofAML, JM buy 77% of SevenHills’ debtThe Bank of America-JM combine has bought Rs 910 crore of SevenHills’ total debt of Rs 1,300 crore from the lenders led by Axis Bank.30 May, 2018, 03.27 PM IST
- Lenders file insolvency plea against SevenHills HospitalApart from Axis, an SBI consortium, Allahabad Bank, Union Bank of India, Punjab & Sind Bank, UCO Bank, Canara Bank, Central Bank and Bank o...20 Nov, 2017, 08.25 AM IST
- 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...31 Jul, 2017, 10.41 AM IST
- How a bunch of startups are trying to make life easier for those in need of an ambulanceAs hospital ambulances are stretched thin, people have woken up to the convenience of booking an ambulance through these aggregators.23 Jul, 2017, 07.48 AM IST
- 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.18 Feb, 2017, 02.19 AM IST
- 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.19 Mar, 2015, 12.39 PM IST
- 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...25 Feb, 2015, 05.26 AM IST
- 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...08 Dec, 2014, 11.56 AM IST
- 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 2009.10 Nov, 2014, 01.14 PM IST
- 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-...11 Sep, 2014, 06.11 AM IST
- 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...23 Aug, 2012, 10.59 AM IST
Load More
