Narayana Health Expands Global Footprint with £188.78 Million Acquisition of UK's Practice Plus Group
Narayana Hrudayalaya, through its subsidiary Narayana Hrudayalaya UK Ltd., is acquiring Practice Plus Group Hospitals Limited for £188.78 million in cash. The deal involves 100% equity acquisition of 60,001 shares at £3,146.29 per share. Practice Plus Group operates 16 healthcare facilities across the UK, including 7 hospitals, with a total bed capacity of 330 and employs about 2,500 full-time equivalents. The company's turnover was £211 million in FY2023, with projections of £229 million for FY2024 and £250 million for FY2025. The acquisition is expected to close within 6 business days and doesn't require regulatory approvals.

*this image is generated using AI for illustrative purposes only.
Narayana Hrudayalaya , a leading Indian healthcare provider, has announced a significant international expansion through the acquisition of Practice Plus Group Hospitals Limited, a prominent UK-based healthcare company. The deal, valued at £188.78 million, marks a strategic move to strengthen Narayana Health's presence in the global healthcare market.
Key Details of the Acquisition
| Aspect | Details | 
|---|---|
| Acquirer | Narayana Hrudayalaya UK Ltd. (subsidiary of Health City Cayman Islands Limited) | 
| Target Company | Practice Plus Group Hospitals Limited | 
| Acquisition Cost | £188.78 million | 
| Payment Method | Cash consideration | 
| Equity Acquired | 100% (60,001 shares at £3,146.29 per share) | 
| Expected Closing | Within 6 business days | 
Practice Plus Group: A Snapshot
Practice Plus Group operates a diverse portfolio of healthcare facilities across the United Kingdom:
| Facility Type | Count | 
|---|---|
| Hospitals | 7 | 
| Surgical Centers | 3 | 
| Urgent Treatment Centers | 2 | 
| Musculoskeletal/Diagnostic Centers | 3 | 
| Ophthalmology Center | 1 | 
| Total Bed Capacity | 330 | 
The company employs approximately 2,500 full-time equivalents, including 1,300 doctors and clinical staff, showcasing its substantial presence in the UK healthcare sector.
Financial Performance
Practice Plus Group has demonstrated strong financial performance in recent years:
| Financial Year | Turnover (in £ million) | 
|---|---|
| FY2023 | 211.00 | 
| FY2024 | 229.00 | 
| FY2025 (Estimated) | 250.00 | 
Strategic Implications
This acquisition builds upon Narayana Health's international presence, following its expansion in the Caribbean through Health City Cayman Islands. The move into the UK market represents a significant step in the company's global growth strategy.
Regulatory Aspects
The acquisition does not require any governmental or regulatory approvals, which may facilitate a smoother transition and integration process.
Narayana Health's expansion into the UK healthcare market through this acquisition demonstrates the company's commitment to global growth and diversification. As the healthcare landscape continues to evolve, this move may position Narayana Health to leverage new opportunities and enhance its international presence.
Historical Stock Returns for Narayana Hrudayalaya
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years | 
|---|---|---|---|---|---|
| -2.88% | +0.48% | +0.32% | -0.98% | +36.96% | +429.53% | 









































