Reliance bought oncology platform Karkinos Healthcare for ₹375 crore, adding another stack to its diagnostic and digital healthcare ecosystem, Morgan Stanley said in a report.
"Over the past five years, RIL has announced $13 billion in acquisitions with 14% in new energy, 48% in technology, media and telecommunications, 9% in retail, and increasingly more in healthcare," it said.
Of this, $6 billion was in acquisition of companies and assets in media and education business and $2.6 billion in telecom and internet verticals.
It spent $1.7 billion on acquisitions in new energy and $1.14 billion in retail, according to Morgan Stanley.
This story is from the January 01, 2025 edition of Financial Express Mumbai.
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This story is from the January 01, 2025 edition of Financial Express Mumbai.
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