Singapore investment giant Temasek and billionaire Dr Ranjai Pai-led Manipal Hospitals, Malaysia’s IHH Healthcare, Swedish private equity major EQT and US private equity firm KKR are among suitors that have expressed preliminary interest in a potential acquisition of Sahyadri Hospitals. The Pune-headquartered asset is the largest private multi-speciality hospital chain in Maharashtra and is owned by top Canadian pension fund Ontario Teachers Pension Plan Board (OTPP) OTPP owns nearly 100 per cent of the firm and since coming on board, has ramped up in several specialities like mother and childcare and oncology. The asset has more than 1,200 beds across Pune, Ahmednagar (now Ahilyanagar) and Nasik with further expansion plans in the state and will be attractive to those players not present in Maharashtra or western India. The sale is expected to clock around Rs 240 crore in Ebidta for FY25 and the sale will be a valuation discovery process.