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Narayana Hrudayalaya discussed its UK acquisition of Practice Plus Group Hospitals for GBP 150 million, targeting 20-22% ROCE by FY29-30. The deal is expected to be EPS neutral to mildly positive initially. Management highlighted the UK's stable private healthcare market and PPG's strong operational efficiency. NH plans to enhance margins by increasing private patients (currently 93% NHS) and deploying its Athma tech platform for efficiency, leveraging Cayman experience. With 50-55% bed utilization, there's significant room for volume growth and new services within existing infrastructure. Management holds a confident outlook on the strategic value and future growth.