Singapore’s GIC is close to raising its stake in Asia Healthcare Holdings (AHH) ahead of a potential public listing of the healthcare platform in the next year or two, four people aware of the development said...
Carlyle Group sells 4.3% in Indegene for ₹636 cr
Global investment firm Carlyle Group through its arm divested a 4.3% stake in healthcare tech firm Indegene for ₹636 crore through an open market transaction. According to the bulk deal data available on the National...
KKR close to buying cancer chain HCG
KKR is close to acquiring Healthcare Global Enterprises Ltd (HCG), the country’s largest speciality cancer care hospital chain, from another private equity firm CVC Capital Partners, said people aware of the matter. The...
Aster DM Healthcare to acquire remaining 13% stake in Aster Aadhar Hospital
Aster DM Healthcare, a Bengaluru-based hospital chain, has agreed to acquire the remaining 13 per cent stake in Aster Aadhar Hospital, formerly Prerana Hospital, in Kolhapur, Maharashtra, increasing its ownership in the...
Roche to acquire cell therapy maker Poseida Therapeutics in $1.5 bln deal
Switzerland’s Roche will acquire its U.S. collaboration partner Poseida Therapeutics in a cash deal worth up to $1.5 billion, banking on complex immune cell therapies against several types of blood cancer to boost...
Advent, Apollo among potential bidders for Reckitt’s homecare assets, Bloomberg News reports
Private equity groups Advent International and Apollo Global are among firms considering a potential buyout of consumer goods company Reckitt’s homecare assets, Bloomberg News reported on Wednesday, citing people...
Kalyan Jewellers to acquire balance 15% stake in Candere
Kalyan Jewellers India on Monday announced the signing of the definitive agreement with Rupesh Jain, founder of www.candere.com (Enovate Lifestyles Pvt. Ltd) to acquire his residual 15% in Candere, a subsidiary of...
Honasa Consumer acquires cosmetic formulation brand CosmoGenesis
Honasa Consumer, which owns FMCG brands Mamaearth and The Derma Co, on Monday said it has acquired cosmetic formulation maker CosmoGenesis Labs for an undisclosed amount. This acquisition will help the company, which...
Cipla to acquire Ivia Beaute’s cosmetics, personal care distribution, and marketing business for Rs 130 cr
Pharma major Cipla Ltd will acquire the cosmetics and personal care distribution and marketing business of Ivia Beaute Pvt Ltd, including the latter’s brands Astaberry, Ikin and Bhimsaini, on a worldwide basis for...
Whirlpool to sell 24% stake in India business to reduce debt
Whirlpool will sell up to 24% of its stake in the company’s India business in a bid to reduce debt, weeks after the unit reported weaker profit due to rising competition and pricing pressures. The company did not...
VLCC to acquire D2C men’s grooming brand Ustraa through strategic merger
Beauty and skincare company VLCC is acquiring direct-to-consumer men’s grooming brand Ustraa through a combination of secondary buy-out and share swap, the company said on Friday. Post merger, VLCC will make further...
Atomberg raises $86 million in Series C round
Consumer appliances brand Atomberg Technologies has raised $86 million in its Series C funding round led by Temasek Holdings and Steadview Capital, the company said in an announcement. The round saw participation from...
