Narayana Health, led by Dr. Devi Shetty, is reportedly in talks to acquire a controlling stake in Spire Healthcare Group Plc, a UK-based company that operates 40 hospitals and over 50 clinics in the country.

This potential acquisition is Narayana Health's second international expansion, following its establishment in the Cayman Islands. The discussions come at a time when there is a growing demand for private healthcare in the UK due to long waiting lists in the National Health Service (NHS).

Narayana Health's management has been engaging with major institutional shareholders and has received positive feedback about the bid. Dr. Shetty and his team are planning to meet with shareholders next month to gain further support and are also working with advisors to develop a strategic approach for the acquisition.