10 Dec 2025

Khaitan & Co advises PB Healthcare on acquisition of Neo Hospital

"Khaitan & Co advised PB Healthcare Services Private Limited on its acquisition of Noida-based Muskan Medical Centre Private Limited (dba Neo Hospital). The transaction concerns a super‑speciality hospital offering neurology, cardiology, orthopaedics, women’s health services and 24/7 advanced stroke care."

Khaitan & Co advised PB Healthcare Services Private Limited on its acquisition of Muskan Medical Centre Private Limited (dba Neo Hospital). The transaction involved the acquisition by PB Healthcare Services Private Limited of Noida‑based Muskan Medical Centre Private Limited, which operates as Neo Hospital. Neo Hospital is a super‑speciality healthcare facility that offers advanced treatment across departments including Neurology, Cardiology, Orthopaedics and Women’s Health, and provides 24/7 advanced stroke care with rapid response teams. Khaitan & Co represented client PB Healthcare Services Private Limited with a team composed by: Aditya Patni (Partner), Prithwijit Gangopadhyay (Partner), Pulkit Chaturvedi (Principal Associate) and Karishma Sethia (Senior Associate) as the core transaction team. Khaitan & Co represented client PB Healthcare Services Private Limited with a team composed by: Avnish Sharma (Partner), Nilesh Chaudhary (Principal Associate), Rupali Singh (Principal Associate), Siddharth Godha (Principal Associate), Diwankar Sethi (Senior Associate), Riya Manuja (Senior Associate) and Shivam Sachdeva (Senior Associate) for real estate aspects and due diligence. Khaitan & Co represented client PB Healthcare Services Private Limited with a team composed by: Supratim Chakraborty (Partner) and Shramana Dwibedi (Senior Associate) for data privacy aspects and due diligence. Khaitan & Co represented client PB Healthcare Services Private Limited with a team composed by: Nirupam Lodha (Partner), Toshani Mukherjee (Senior Associate) and Rebecca Cardoso (Associate) for intellectual property aspects and due diligence. Khaitan & Co represented client PB Healthcare Services Private Limited with a team composed by: Abhinav Rastogi (Partner) and Ransher Singh (Senior Associate) for employment law aspects and due diligence. Khaitan & Co represented client PB Healthcare Services Private Limited with a team composed by: Shaily Gupta (Partner) and Bharat Jain (Principal Associate) for taxation aspects and due diligence. Khaitan & Co represented client PB Healthcare Services Private Limited with a team composed by: Aayush Agarwal (Senior Associate), Joysurjo Roy (Associate), Pranshu Gupta (Associate), Lavanya Agarwal (Associate) and Prachi Chowdhary (Associate) for execution and closing related aspects of the transaction.
Read the full story

Register for free to access daily news.

Register Free
We use cookies to improve your experience, analyze traffic, and serve targeted ads. Read our Cookie Policy.

Cookie Preferences

Customize your cookie settings. Necessary cookies are always enabled.

Strictly Necessary

Required for the website to function (e.g. login, security).

Analytics & Statistics

Help us understand how visitors interact with the website.

Marketing & Ads

Used to deliver relevant ads and track effectiveness.