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Park Medi World to acquire Medicity Hospital in Rudrapur, enter Uttarakhand
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ET Markets - Industry 47d ago

Park Medi World to acquire Medicity Hospital in Rudrapur, enter Uttarakhand

Hospital chain Park Medi World Limited is acquiring The Medicity Hospital in Rudrapur. The deal is valued at Rs 177 crore and is an all-cash transaction. This acquisition marks Park Group's entry into Uttarakhand. The Medicity Hospital is a multi-super speciality facility with 330 beds. This move aligns with the company's growth strategy to expand its network in underserved markets.

ALLETECGKSLPARKHOSPSSPECIALITYConsumer ServicesHealthcare
Fractal Analytics, Park Medi, two others slip up to 7% as lock-in for 3.6 crore shares expires today
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LiveMint - Markets 117d ago

Fractal Analytics, Park Medi, two others slip up to 7% as lock-in for 3.6 crore shares expires today

Following the end of IPO lock-in periods on March 16, Fractal Analytics, Aye Finance, Park Medi World, and Nephrocare Health Services faced share price drops. This release of 3.6 crore shares marks the beginning of a potential $72 billion unlock for 88 companies through 2026.

AYEFRACTALLTFMEDANTANEPHROCARENEPHROPLUSPARKHOSPSPROPEQUITYFinancial ServicesHealthcare