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Fortis to acquire Bengalurus People Tree Hospitals for Rs 430 crore

Fortis Healthcare Limited is set to acquire TMI Healthcare Private Limited, which operates People Tree Hospitals in Bengaluru, for Rs 430 crore. The deal includes the hospital, its infrastructure, land, and an adjacent parcel. This strategic acquisition aims to expand Fortis's presence in the region, leveraging People Tree's established multispecialty services.

20 Dec 2025 10:33 am