India's Private Healthcare Boom: KKR's $1.39B Gamble and the Growing Metabolic Crisis

Global investment giant KKR has acquired Swedish firm Medicover's entire India hospital business for €1.2 billion ($1.39 billion), marking its largest healthcare bet in the country. The deal gives KKR control of 24 hospitals and roughly 4,800 beds across South and West India, with Medicover Hospitals India generating annual revenue of €220.5 million. Medicover, which entered India in 2017, will now exit completely to focus on its core European markets.

Zoom...