Metropolis Healthcare’s deal to acquire Gujarat diagnostics firm collapses

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Pathology chain Metropolis Healthcare Ltd’s plan to acquire a majority stake in a Gujarat-based diagnostics company has fallen through. Metropolis had, in January, agreed to acquire a 51% stake in Shraddha Diagnostic Centre (I) Pvt. Ltd for Rs 9.36 crore in an all-cash deal. The deal was subject to certain conditions. However, ......