Medicover, a Swedish healthcare provider, has agreed to sell its India hospital business to funds managed by global investment firm KKR for €1.2 billion ($1.39 billion).
Deal Details
The divestment will bring Medicover gross cash proceeds of €740 million and is expected to be completed in the fourth quarter of 2026. Medicover’s ownership in Medicover Hospitals India (MHI) amounts to 66.1%, while minority shareholders hold 33.9%. MHI generated annual revenue of €220.5 million on a last-twelve-months basis as of June 30, 2026.
In the second quarter, India made up 10% of Medicover’s revenue, according to its quarterly report. The deal will help Medicover focus strategically and operationally on Poland, Germany, and Romania.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
