Jagsonpal Pharmaceuticals surged 9.79% to Rs 253.90 after the company entered into a definitive Agreement to acquire an 85% equity stake in Aequitas Healthcare (Aequitas), marking its entry into the hospital segment...
Healthcare
Honasa Consumer to buy 58% stake in Fluence Pharma at Rs 135-crore enterprise value
Mamaearth parent Honasa Consumer is acquiring a majority stake in Mumbai-based nutraceuticals brand Fluence Pharma at an enterprise value of ₹135 crore, according to a stock exchange filing. This marks the Gurugram...
Manipal Hospitals is said to plan $1 billion IPO in July
Manipal Health Enterprises Pvt., which runs the Manipal Hospitals chain, is likely to launch its initial public offering as early as next month, according to people familiar with the matter. The Temasek Holdings Pte...
Cloudnine’s 25% stake sale attracts top global PE firms
Global private equity firms TPG Capital, Advent International, CVC Capital Partners and Permira have been shortlisted for the next round of discussions to acquire a significant minority stake in Cloudnine, India’s...
CCI clears TVS Group’s acquisition of PGIM India AMC, Temasek-Romsons deal
Fair trade regulator CCI on Tuesday approved Chennai-based TVS Group entities’ proposal to acquire PGIM’s India asset management business and also cleared Temasek’s investment in medical devices maker...
Australia’s Sigma in early talks to acquire British pharmacy Boots
Australia’s Sigma Healthcare said on Wednesday that it had engaged in preliminary discussions for a potential acquisition of the British pharmacy chain Boots. The pharmaceutical wholesaler and retailer said it...
Australia’s Sigma Healthcare says in preliminary discussions over Boots acquisition
Australia’s Sigma Healthcare said on Wednesday that it had engaged in preliminary discussions regarding a potential acquisition of the British pharmacy chain Boots, following recent media speculation. The...
UK Digital Health Leader Voy Enters India Through 100% Acquisition of EarlyFit, Strengthening Presence in the Fast-Growing Indian Obesity Care Market
Voy, the London-headquartered digital healthcare company and market leader in GLP-1 obesity care in the UK, Germany, and Brazil, today announced its entry into India through the 100% acquisition of EarlyFit, one of...
J&J to buy cancer drug technology developer Firefly Bio for $1 billion
Johnson & Johnson said on Monday it will acquire biotech Firefly Bio for $1 billion in cash, as it looks to expand its cancer drug pipeline. Firefly’s Firelink platform uses antibodies to deliver a protein...
Nephrocare Health Services gains as arm acquires dialysis centre assets in Philippines
Nephrocare Health Services rose 1.32% to Rs 670 after its wholly owned subsidiary, Nephrocare Health Care Services Philippines Inc., has entered into an Asset Transfer Agreement with Inocentes Dialysis Clinic. The...
Warburg, KKR, TPG among PE giants vying for 25% stake in Cloudnine
Global private equity firms Warburg Pincus, KKR, TPG Capital, Advent International, CVC Capital Partners, and Permira, along with homegrown Kedaara Capital are in the race to acquire a 25% stake in Cloudnine...
Leapfrog, IFC and NIIF eye ₹400 crore minority stake in Marengo Asia Healthcare
Marengo Asia Healthcare, the hospital platform backed by Samara Capital and the family offices of the Havells and Godrej groups, is seeking to raise ₹400-500 crore, with LeapFrog Investments, International Finance...
