At present, it has nearly 8,300 beds across 28 hospitals. Negotiations between Manipal and Emami had started in 2018 and, last year, Manipal had agreed to buy AMRI for ₹1,800 crore. But the Kolkata-based Emami Group backed out from the agreement, causing Manipal to initiate arbitration proceedings.
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» Manipal to buy AMRI Hospitals for Rs 2,400 crore
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