JSA advised Sheares Healthcare on its divestment of ~87% stake in Medica Synergie Private Limited (“Medica Hospitals”) to Manipal Hospitals. Medica Hospitals has a presence in eastern Indian cities i.e., Kolkata, Siliguri and Ranchi. This acquisition is in line with Manipal Hospitals’ strategy of expanding its footprint and presence in eastern India as the leading hospital chain in the region.
Our Transaction Team Comprised Partners – Vikram Raghani and Varun Sehgal, Of Counsel – Yashvi Singh, Associate – Vaishnavi Vyas and Darshin Pareekh.
Varun Seghal is a Partner at JSA’s Corporate practice and is based out of Mumbai. Varun has over 16 years of professional experience in Corporate and M&A practice with a focus on strategic acquisitions, joint ventures, corporate restructuring, and commercial agreements.