Manipal Hospitals, Singapore’s IHH Healthcare, Blackstone-owned hospital chain Quality Care India, Max Healthcare, KKR & Co. and EQT Partners are among those that have submitted initial bids for Sahyadri Hospitals...
J&J-backed HistoSonics explores sale at $2.5 billion valuation, FT reports
HistoSonics, a medical technology company backed by Johnson & Johnson, is exploring a potential sale at a valuation of more than $2.5 billion after receiving multiple takeover offers, the Financial Times reported on...
Aster DM Healthcare completes acquisition of 5% stake in Quality Care India through share swap
Leading healthcare service providers Aster DM Healthcare has completed acquisition of 5% stake in Quality Care India Ltd (QCIL) from BCP Asia II TopCo IV Pte Ltd (BCP) and Centella Mauritius Holdings Limited (Centella)...
Meiji, Lactalis, Saputo, Warburg may bid in Fonterra’s $2.4 billion sale, sources say
Companies including Japan’s Meiji, French group Lactalis and Canada’s Saputo are considering bidding for the units dairy giant Fonterra is seeking to divest, two sources with knowledge of the matter said...
Germany’s Merck KGaA in $3.9 bln deal to acquire US biotech firm SpringWorks
German healthcare and materials group Merck KGaA said on Monday it struck a deal to acquire U.S. biotech firm SpringWorks Therapeutics for an equity value of $3.9 billion to boost its cancer drug business. Darmstadt...
Germany’s Merck says in late-stage discussions to buy SpringWorks for $3.5 billion
Germany’s Merck KGaA said on Thursday it is in late-stage talks to acquire U.S.-based SpringWorks Therapeutics for about $3.5 billion, a deal that could give it access to a recently approved rare disease drug and...
Veraxa Biotech to merge with SPAC Voyager in $1.64 billion deal
Switzerland’s Xlife Sciences AG said on Wednesday its portfolio company, VERAXA Biotech AG, will merge with Voyager Acquisition in a deal that will value the combined company at $1.64 billion. The merger would...
Shivinder Mohan Singh moves NCLT, files plea for personal insolvency
Former Fortis Healthcare promoter Shivinder Mohan Singh has moved a plea before the National Company Law Tribunal for personal insolvency, stating that his liabilities far exceed his assets. Singh has filed the plea...
Aster DM Healthcare gets CCI go – ahead for merger with Quality Care India
Bengaluru-based hospital chain Aster DM Healthcare on Friday said it has got the green light from the Competition Commission of India (CCI) to complete its merger with Blackstone-backed Quality Care India. The company...
Alkem Labs’ subsidiary concludes acquisition of 100% stake in Bombay Ortho
Alkem Laboratories said that its wholly owned subsidiary Alkem Medtech has completed the acquisition of 100% stake of Bombay Ortho Industries. In February this year, Alkem Medtech had executed a binding offer outlining...
CCI approves Akasa Air stake sale, Quality Care-Aster deal
The Competition Commission of India (CCI) on Tuesday cleared four proposals, including the acquisition of certain stakes in Akasa Air’s parent SNV Aviation by Premji Invest, Manipal Group head Ranjan Pai’s...
Competition Comm okays Aster DM Healthcare-QCIL proposed merger
The Competition Commission of India (CCI) on Tuesday cleared the proposed merger of Aster DM Healthcare and Quality Care India, and the merged healthcare entity will be named Aster DM Quality Care. Aster is a healthcare...
