It is being billed as a big deal by an Indian healthcare provider. The Rs 2,200 crore deal announced by Bengaluru -headquartered Narayana Health on Friday, October 31st, is being described by many, especially within the official circles and by some analysts as a deal that is perhaps timed well. While it aims to expand its clinical range of services, the acquisition is being seen as one that arguably showcases Indian healthcare skills and heft in the global arena.

Commerce and industry minister Piyush Goyal describes the deal on social media as one that showcases India’s healthcare delivery system continuing to strengthen its global presence.

From a financial perspective it is an all cash transaction that entails acquiring 100 per cent equity stake in the London-headquartered Practi

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