Aug 6 (Reuters) - Swedish healthcare provider Medicover agreed on Thursday ‌to sell its India hospital ‌business to funds managed by global investment ​firm KKR for €1.2 billion ($1.39 billion). Medicover said the deal would help it focus strategically and operationally on Poland, ‌Germany and ⁠Romania. • The divestment will bring Medicover gross cash proceeds of €740 ⁠million• Medicover's financial targets remain unchanged until after completion of the ​transaction, the ​company said• ​It expects to ‌complete the divestment in the fourth quarter of 2026• Medicover's ownership in Medicover Hospitals India (MHI) amounts to 66.1%, while minority shareholders hold ‌33.9%• MHI generated ​annual revenue of €220.5 million ​on ​a last-twelve-months basis as of ‌June 30, 2026• In ​the ​second quarter, India made up 10% of Medicover's revenue, according to ​its ‌quarterly report($1 = 0.8663 euros)(Reporting by ​Vera Dvorakova in Gdansk; Editing ​by Izabela Niemiec )