AZB & Partners represented Baby Memorial Hospital Limited (a KKR portfolio company) in relation to the acquisition of a majority stake in Unimed Health Care Private Limited (“Star Hospitals”) for approximately INR 1,600 crores. Star Hospitals is a leading multi-specialty hospital chain in Hyderabad which offers a comprehensive range of advanced medical and surgical services across diverse specialties including cardiology, oncology, neurology, gastroenterology, nephrology, orthopedics, critical care, organ transplantation, and minimally invasive surgical procedures.
Our deal team comprised our Senior Partner Nandish Vyas, Senior Associates Karun Jhangiani, Anish Patel, and Vyoma Mehta, and Associates Prapti Parwani and Tarini Mehtani. They were supported on the due diligence team aspects by our Senior Associates Rhea Ghanshani, and Ankit Dutta, and Associates Prannathi Ajith Kumar, Shloka Jain, Shraddha Sethia, Janhavi Rajkumar, Rishad Mehta, Abhinav Shankarraman, Ayush Tripathi, and Ojas Date. The transaction was further supported on the CCI aspects and approval process by our Senior Partner Bharat V Budholia, Senior Associates Vaishnavi Ganesh, Ashna Mahajan, and Shivangi Pradhan; on employment law aspects by our Partner Nishanth Ravindran; on IP aspects by our Partner Nandan Pendsey, Esq.; and on real estate aspects by our Partner Malini Raju.