Bankrupt Steward Health Care has put all of its 31 U.S. hospitals up for sale, hoping to finalize transactions by the end of the summer to address its $9 billion in total liabilities, its attorneys said at a Tuesday...
KKR wins bidding war to acquire medical devices firm Healthium
US private equity firm KKR & Co. has agreed to acquire Bengaluru-headquartered Healthium Medtech Ltd from UK private equity firm Apax Partners for an undisclosed sum. The acquisition will be made by a special...
KKR to buy Healthium Medtech for Rs 7000 cr from Apax
KKR is all set to acquire Healthium Medtech (formerly Sutures India) from private equity owner Apax Partners for an enterprise value of Rs 7,000 crore ($840 million), said people aware of the matter. This follows a...
Quadria cap picks up minority stake in NephroPlus
NephroPlus, India’s largest dialysis chain, said it has raised $103 million (₹860 crore) in a Series F funding round from Quadria Capital through a mix of fresh capital infusion and a secondary sale aimed at...
KKR, Novo Nordisk, others bid for Healthium buy
Global private equity major KKR and pharma major Novo Nordisk have submitted final bids to acquire surgical sutures firm Healthium Medtech, three people with knowledge of the development said on condition of anonymity...
Temasek may bid for CVC’s 60% stake in Healthcare Global
Singapore’s Temasek Holdings may bid for CVC Capital Partners’ controlling stake in listed hospital chain Healthcare Global Enterprises Ltd, two people aware of the development said. Other potential...
Manipal Hospitals to acquire Kolkata’s Medica Synergie
Manipal Hospitals, the second-largest hospital chain in India, has acquired 87% stake in Kolkata-based hospital chain Medica Synergie, stated a press release. This acquisition is in line with Manipal Hospitals’...
Apollo Hospitals share price falls 8% post stake sale and Keimed merger
Shares of Apollo Hospitals on Monday fell up to 8% to the day’s low at Rs 5,738 on BSE after the company’s subsidiary Apollo HealthCo (AHL) agreed to sell a 16.8% stake for Rs 2,475 core ($300mn) to Advent...
PE Advent International queues up for a stake in Apollo 24/7
US private equity fund Advent International is among investors in discussions to acquire a minority stake in Apollo 24/7, the digital healthcare platform of Apollo Hospitals, said two people aware of the development...
Clinical lab operator Labcorp to buy bankrupt genetic test maker Invitae for $239 mln
Laboratory service provider Labcorp said on Wednesday it will acquire Softbank-backed Invitae Corp’s assets auctioned through a voluntary bankruptcy protection process, a few months after the genetic test maker...
Medical Properties sells majority stake in five Utah hospitals
Medical Properties Trust said on Friday it would sell majority of its stake in five Utah hospitals for $886 million, sending its shares up more than 10% in extended trading. The real estate investment trust (REIT) said...
General Atlantic buys majority stake in Ujala Cygnus
US-based private equity (PE) firm General Atlantic has acquired a majority stake in Ujala Cygnus, a hospital chain in northern India with a network of 21 hospitals across tier II and tier III cities. The financial...
