Manipal-TPG in talks to buy Medanta after failed Fortis bid
After their failed bid to acquire Fortis Healthcare, TPG Capital and Manipal Health are reportedly in talks to jointly acquire a majority stake in Gurugram-based hospital operator Medanta. Heart surgeon Naresh Trehan, his family, and co-founder Sunil Sachdeva own about 55% stake in the company. Manipal-TPG is likely to offer a valuation of â¹6,000 crore for Medanta, reports added.