Tatva Legal, DLA Piper and Shook Lin & Bok act on Manipal Healthcare Group’s Malaysian Expansion

Tatva Legal and DLA Piper advised Manipal Health Enterprises, the healthcare arm of the Manipal Group, in the acquisition of a hospital in the Selangor District in Malaysia, which was advised by Shook Lin & Bok..Manipal Health Enterprises is also acquiring an additional 200-bed tertiary-care hospital as part of its expansion strategy in SE Asia, Asia Pacific, Middle East and Africa..The Tatva Legal team was led by Bangalore Partner Manav Nagaraj while the DLA Piper team was led by Partner and Co-head of the India Group Biswajit Chatterjee along with Senior Associate Nisha Menon..Manav Nagaraj from Tatva Legal commented, “While there has been a fair amount of activity in the healthcare space in India, it is not common for Indian hospital companies to make foreign acquisitions and we are happy to have been part of and to help facilitate this process.”.The hospital will focus on a combination of wellness, prevention and curative care for both the domestic and an emerging overseas patient traffic into Malaysia from neighbouring countries, reports FinancialExpress..The Manipal group already has two campuses in Malaysia- a Medical school at Melaka since 2001 and a newly formed (in 2012) Malaysia International University at Nilai, Kuala Lumpur.