UnitedHealth Group has agreed to sell its last South American business Banmedica to Brazilian private equity group Patria Investments for $1 billion, two sources with knowledge of the matter said on Sunday. The final...
Kauvery Hospitals’ promoters look to buy back 5% stake from Lightrock
Promoters of Sri Kauvery Medical Care (India) (Kauvery Hospitals), a leading multispecialty hospital chain in Tamil Nadu, are in advanced talks to buy back around 5% stake from existing investor Lightrock, said people...
Baby Memorial Hospital front-runner for Star Hospitals, Fortis also in fray
Baby Memorial Hospital, backed by KKR, has emerged the front-runner to acquire Hyderabad-based Star Hospitals in a closely fought contest, said people familiar with the development. It is said to have offered ₹2,500...
Eris Lifesciences shares in focus on move to acquire Swiss Parenterals in Rs 423 crore deal
Shares of Eris Lifesciences Ltd will be in focus heading into trade on Tuesday, November 25, after the company said it has initiated a full takeover of its injectable manufacturing arm, Swiss Parenterals, by purchasing...
J&J expands cancer portfolio with $3.05 billion Halda buy
Johnson & Johnson said on Monday it would buy privately held Halda Therapeutics for $3.05 billion in cash, aiming to expand its presence in treatments targeting solid tumors and prostate cancer. This marks the...
Apollo Hospitals eyes Q4 FY27 listing for HealthCo amid major restructuring
Apollo Hospitals, the largest pan-India hospital chain by revenue, is on track to list Apollo HealthCo by the fourth quarter of next financial year, an outcome of a multi-layered restructuring plan, said its group chief...
AIMS hospital founder looks to buy back PE investors’ 49% stake
The founder of Asian Institute of Medical Sciences (AIMS), Narendra Pandey, is looking to buy back 49% stake held by private equity investors in the Faridabad-based hospital, people aware of the development said. Pandey...
Narayana Health buys UK’s Practice Plus Hospitals
Bengaluru-headquartered Narayana Health on Friday announced its entry into the UK healthcare market with the acquisition of Practice Plus Group Hospitals, pledging to extend affordable care. Practice Plus Group operates...
Narayana Health acquires UK’s Practice Plus Group Hospitals in Rs 2,200 crore deal
Narayana Hrudayalaya Ltd, which runs the Narayana Health network, announced on Friday the acquisition of UK-based Practice Plus Group Hospitals in a deal valued at around Rs 2,200 crore (GBP 188.78 million). The...
Thermo Fisher nears $10 billion takeover of Clario, FT reports
Medical equipment maker Thermo Fisher is nearing an all-cash takeover of U.S.-based Clario in a deal that could value the clinical trial data management company at about $10 billion, the Financial Times reported on...
Thyrocare promoter sells 10% stake for Rs 667 crore
Docon Technologies, one of the promoters of Thyrocare Technologies, on Friday divested a 10 per cent stake in the diagnostics chain for Rs 667 crore through an open market transaction. According to the bulk deal data on...
Marengo Asia acquires Gujarat-based Sunshine Global Hospitals
Marengo Asia Hospitals on Thursday said it has acquired Gujarat-based Sunshine Global Hospitals with a combined capacity of 350 beds in Surat and Vadodara. “As we expand our presence in Western India, we are...
