Through its wholly-owned subsidiary – Reliance Strategic Business Ventures. Reliance Industries announced that in accordance with the approved resolution plan for the resolution of Karkinos Healthcare (Karkinos)...
UnitedHealth, Amedisys extend deadline to close $3.3 billion deal
UnitedHealth and Amedisys have agreed to extend the deadline to close their $3.3 billion merger agreement to next year, a filing showed on Friday, as the deal faces close scrutiny from the U.S. Department of Justice...
Singapore’s TalkMed Group gets privatisation offer for $447 mln valuation
Singapore’s TalkMed Group has received a privatisation offer from TW Troy valuing it at S$606.1 million ($447.24 million), the oncology service provider said on Monday. The offer comes as Southeast Asian...
Ontario Teachers’ buys into Omega Healthcare
Ontario Teachers’ Pension Plan has announced its investment in the US based healthcare BPO – Omega Healthcare Management Services and joins with Goldman Sachs Alternatives as Co-Lead investor. Omega is a leading...
Reliance Inds arm to acquire 45% stake in Health Alliance Group
Reliance Industries’ wholly owned subsidiary, Reliance Digital Health (RDHL) entered into definitive agreements to acquire 45% equity stake on a fully diluted basis in Health Alliance Group Inc. (HAGI) for an...
GIC buys a majority stake in hospital platform Asia Healthcare Holdings
GIC, Singapore’s sovereign wealth fund, has acquired a majority stake in Asia Healthcare Holdings, the single specialty hospitals platform backed by GIC and TPG. On Wednesday, GIC has announced an additional $150...
Singapore’s GIC invests additional $150 mln in India’s TPG-backed Asia Healthcare
Singapore’s sovereign wealth fund GIC will invest an additional $150 million into India-based Asia Healthcare Holdings, the companies said on Wednesday. This follows GIC’s initial investment of $170 million...
Zydus exits investment in Mylab Discovery Solutions
Zydus Animal Health & Investments Limited (ZAHL), part of Zydus Group is exiting its investment in Mylab Discovery Solutions Private Limited by selling its shares in the diagnostics company back to Adar Poonawalla’s...
Reliance Strategic Business Ventures’ Rs 202 cr plan for Karkinos Healthcare approved by NCLT
The National Company Law Tribunal (NCLT) of Mumbai has approved Reliance Strategic Business Ventures Limited’s Rs 202 crore resolution plan for Karkinos Healthcare Pvt. Ltd. (KHPL), a tech-driven oncology platform...
Metropolis Healthcare to acquire Core Diagnostics for Rs 247 cr
Metropolis Healthcare, India’s second largest diagnostic chain, on Monday said its board has approved the acquisition of Delhi NCR-based specialty cancer testing chain Core Diagnostics for Rs 247 crore through a...
Ontario Teachers’ Pension Plan likely to sell Sahyadri Hospitals
Ontario Teachers’ Pension Plan (OTPP) will likely launch a process to sell Sahyadri Hospitals early next year, less than 36 months after it announced the acquisition, which was its first control private equity...
Kotak Pre-IPO fund to buy into diagnostic chain Neuberg
Kotak Pre IPO Opportunities Fund is in advanced discussions to acquire an about 15% stake in Neuberg Diagnostics, a diagnostics chain owned by serial healthcare entrepreneur GSK Velu, said people aware of the...
