Metropolis Healthcare wraps up acquisition of Hitech Diagnostic Centre

Metropolis Healthcare wraps up acquisition of Hitech Diagnostic Centre

Metropolis Healthcare, an Indian diagnostic service provider, has wrapped up the previously announced INR 636 crores acquisition of Dr. Ganesan’s Hitech Diagnostic Centre along with its subsidiary Centralab Healthcare Services. The acquisition was funded by Metropolis Healthcare via internal accruals and debt of INR 300 crores. Dr. SP Ganesan, who is the promoter and founder […]

Metropolis Healthcare indicates scrapping of Hitech Diagnostic Centre deal

Metropolis Healthcare indicates scrapping of Hitech Diagnostic Centre deal

Metropolis Healthcare indicated that its previously announced acquisition of Dr. Ganesan’s Hitech Diagnostic Centre and its subsidiary Centralab Healthcare Services is likely to be terminated. The Indian chain of pathology labs and diagnostic centers said that the closing of the cash and stock deal has been delayed by the sellers in fulfilling their obligations under […]