Aug 6 (Reuters) – Swedish healthcare provider Medicover agreed on Thursday to sell its India hospital business to funds managed by global investment firm KKR for €1.2 billion ($1.39 billion).
Medicover said the deal would help it focus strategically and operationally on Poland, Germany and Romania.
• The divestment will bring Medicover gross cash proceeds of €740 million
• Medicover’s financial targets remain unchanged until after completion of the transaction, the company said
• It expects to complete the divestment in the fourth quarter of 2026
• Medicover’s ownership in Medicover Hospitals India (MHI) amounts to 66.1%, while minority shareholders hold 33.9%
• MHI generated annual revenue of €220.5 million on a last-twelve-months basis as of June 30, 2026
• In the second quarter, India made up 10% of Medicover’s revenue, according to its quarterly report
($1 = 0.8663 euros)
(Reporting by Vera Dvorakova in Gdansk; Editing by Izabela Niemiec )
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