ALMT Legal advised Thiruvananthapuram-based Kerala Institute of Medical Sciences (KIMS) in acquiring a majority stake in Al Shifa Hospital, advised by J. Sagar Associates..The deal involves the acquisition of a 51 per cent stake at an enterprise value of Rs. 300 crore (under $50 million), according to VCCircle..The ALMT Legal team was led by Partner Dhanya Menon along with Senior Associate Arindam Basu and Associates Pallavi Bhogle, Arjun Nair and Lubna Najeeb..JSA team was led by Chennai Partner Aarthi Sivanandh along with Senior Associate Tamara Devanandan and Associate Sahana Raghunathan..With this deal, KIMS will become one of the largest corporate healthcare networks in the state with 1650 beds, soon to become 2500 and employing 10,000 medical and non-medical professionals with its current expansion plans underway..Image taken from here.
ALMT Legal advised Thiruvananthapuram-based Kerala Institute of Medical Sciences (KIMS) in acquiring a majority stake in Al Shifa Hospital, advised by J. Sagar Associates..The deal involves the acquisition of a 51 per cent stake at an enterprise value of Rs. 300 crore (under $50 million), according to VCCircle..The ALMT Legal team was led by Partner Dhanya Menon along with Senior Associate Arindam Basu and Associates Pallavi Bhogle, Arjun Nair and Lubna Najeeb..JSA team was led by Chennai Partner Aarthi Sivanandh along with Senior Associate Tamara Devanandan and Associate Sahana Raghunathan..With this deal, KIMS will become one of the largest corporate healthcare networks in the state with 1650 beds, soon to become 2500 and employing 10,000 medical and non-medical professionals with its current expansion plans underway..Image taken from here.