Aniruddha JainIn 2021, Metropolis Healthcare Limited (“MHL”) announced a proposed acquisition of 100% equity shares of Dr. Ganesan’s Hitech Diagnostic Centre Private Limited and its subsidiary (‘Hitech’) for consideration in the form of cash of INR 511 crore plus MHL’s equity shares worth circa INR 100 crore. Though the proposed acquisition went through turbulence and at one time it appeared that the deal may not happen, MHL succes...
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