Malar Hospitals to Sell Malar Hospital in Chennai for Rs 45.5 Crore to MGM Healthcare

Agency News

⚡Malar Hospitals to Sell Malar Hospital in Chennai for Rs 45.5 Crore to MGM Healthcare

By PTI

Malar Hospitals to Sell Malar Hospital in Chennai for Rs 45.5 Crore to MGM Healthcare

Adjunct to this transaction, the OPD and radio diagnostics business operations related to the Malar Hospital, including the land and building, and the adjacent land parcels, are also being divested by two wholly owned subsidiaries of Fortis Healthcare Ltd -- Fortis Health Management Ltd, and Hospitalia Eastern Pvt Ltd -- to MGM, it added.