Manipal Hospitals Said to Cut Valuation to $8.3 Billion in IPO

India’s Manipal Health Enterprises Ltd., operator of the Manipal Hospitals chain, is seeking a lower valuation of about 800 billion rupees ($8.3 billion) in its planned initial public offering, according to people familiar with the matter.

To respect copyright, we link to the source rather than republishing the full text. Read the complete article on Bloomberg.