True North set to exit hospital chain KIMS Health

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Manipal Hospitals, backed by Singapore state investor Temasek, is close to acquiring Kerala-based hospital chain KIMS Health for ₹3,500-4,000 crore, two people familiar with the development said. Manipal intends to buy the stake held by True North, which invested $200 million in KIMS Group in March 2017. Discussions are in advanced ......