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Manipal Health Enterprises Pvt Ltd (MHEPL) operates a chain of multi-speciality hospitals under the brand name ‘Manipal Hospitals’, while MEMG India is a wholly-owned subsidiary of RSP Trust India and belongs to the Pai family group.
In a tweet on Tuesday, CCI said it has approved the ”proposed combination involving Manipal Health Enterprises Private Limited and Manipal Education and Medical Group India Private Limited”.
The deals beyond a certain threshold require approval from the regulator, which keeps a tab on unfair business practices as well as promotes fair competition in the marketplace.