KKR is making a comeback in the hospital sector with a Rs 2,000 crore BMH deal

Global investment firm KKR on Monday said it will acquire a controlling stake in Kerala’s multi-specialty hospital chain Baby Memorial Hospital (BMH) for Rs 2,000 crore. This marks KKR’s re-entry into the Indian hospital segment after selling its entire stake in Max Healthcare for around Rs 9,400 crore in 2022.

However, sources said KKR has bought around 70 per cent stake in BMH for Rs 2,000 crore. This transaction further demonstrates that India is a key investment market for KKR — it has invested more than $12 billion in 38 investments since 2006,

First print: Jul 01, 2024 | 7:21 PM IST