India: Value of hospital M&A deals jumps 155%

Consolidation in India’s hospital sector has resulted in a 155% jump in M&As. According to ratings agency ICRA, the total value of M&A transactions in the hospital sector in the 2019 financial year amounted to Rs76.1bn (US$1.1bn). This is the highest value of M&A transactions in the sector for more than five years. “A majority…