NH Narayana Hrudayalaya UK Acquisition Update
- Acquisition Details: Narayana Hrudayalaya announced the acquisition of Practice Plus Group (PPG) Hospitals Ltd, a UK-based healthcare provider.
- Deal Value: The transaction is valued at approximately GBP 183 million, which is around ₹1,930 crore.
- Valuation Metric: The deal is valued at about 9.2 times FY25E enterprise value to EBITDA (EV/EBITDA).
- Financing Structure: The acquisition will be financed with roughly GBP 150 million in long-term debt, with a tenure of seven years.
- Deal Timeline: Closure of the deal is expected in the coming days.
- About PPG: PPG is the fifth largest private healthcare network in the UK.
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