Manipal Health Enterprises, India's 2nd largest hospital chain, has bought Sahyadri Hospitals from Canada's Ontario Teachers Pension Plan (OTPP), as per an official release from both sides that did not divulge financial details. This acquisition will increase Manipal's bed count to 12,000 nationwide. OTPP made a 2.6 times return on its investment in Sahyadri, which operates 11 facilities across Maharashtra.

Source: The Economic Times - July 10, 2025