India, July 11 -- Manipal Hospitals on Wednesday said it will acquire Pune-based Sahyadri Hospitals from global investor Ontario Teachers' Pension Plan Board in a deal pegged at around Rs.6,400 crore.

The Bengaluru-based healthcare major said the acquisition of Sahyadri Hospitals will bring Manipal's total bed count to about 12,000, making it one of India's largest hospital networks.

The acquisition will add 11 hospitals to Manipal's network across Pune, Nashik, Ahilyanagar and Karad, increasing its total number of hospitals to 49, it added.

Through the acquisition, Manipal said it will expand its presence in western India.

"We are excited to grow our operations and bring Manipal's trusted brand of quality healthcare to many more pati...