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Jul 16, 2018 | Wockhardt plans to sell four hospitals outside Mumbai

Read more at:  After selling the major hospital chains to Fortis nine years ago, the Habil Khorakiwala-promoted WockhardtNSE -1.72 % Hospitals plans to sell four of its seven residual hospitals located outside Mumbai. 
The group plans to sell properties in Nagpur, Nashik, and Rajkot, according to two people aware of the development. Wockhardt has hired a Chennai-based investment bank to find a buyer for the assets. 

“Wockhardt plans to keep the Mumbai assets with them and offload the other hosp...