Global buyout funds Blackstone, Hillhouse Investment, TPG Capital, and General Atlantic have submitted non-binding bids to acquire AGS Health, valuing the healthcare IT services firm at around $1 billion, said multiple...
Zydus eyes major stake in French medtech Amplitude for Rs 2,446 crore
Zydus Lifesciences has entered into exclusive negotiations to acquire a controlling shareholding stake in French medtech company Amplitude Surgical for Rs 257 million (Rs 2,446 crore). The move would mark the Ahmedabad...
Metropolis strengthens UP presence with acquisition of Scientific Pathology
India’s second largest pathology laboratory chain Metropolis Healthcare is set to acquire Agra-based Scientific Pathology for an all-cash deal that would range between Rs 55-83 crore based on some revenue and Ebitda...
Australia’s Ramsay Health Care mulls potential sale of European arm
Ramsay Health Care has appointed Goldman Sachs to look at strategic options for its stake in its European division following an internal review, the Australian private hospital operator said on Thursday, hinting at a...
KKR to buy cancer care hospital chain HCG from CVC for $400 million
KKR has acquired a controlling stake in leading cancer care hospital chain Healthcare Global from private equity peer CVC Capital Partners for Rs 3466 crore ($400 million), doubling down on the healthcare sector that...
Fortis Healthcare acquires Jalandhar-based Shrimann Superspecialty Hospital for Rs 462 crore
Fortis Healthcare on Friday said it has signed definitive agreements for the acquisition of 228 bed Shrimann Superspecialty Hospital in Jalandhar, Punjab by way of a slump sale for Rs 462 crore in an all cash deal.. The...
KKR set to buy cancer chain HCG
KKR is set to acquire a controlling 51% stake in Bengaluru-based cancer care hospital chain Healthcare Global Enterprises (HCG) from private equity peer CVC Capital Partners, said people in the know, as the US buyout...
Jubilant Biosys expands global footprint with acquisition in France
Jubilant Biosys, a subsidiary of Jubilant Pharmova, has announced an expansion of its research and development (R&D) capabilities with the acquisition of an 80 per cent stake in JASMIN, a newly formed company by...
Walgreens sells more shares in Cencora; cuts stake to 6%
U.S. drugstore chain Walgreens Boots Alliance said on Thursday it has sold more shares in drug distributor Cencora for proceeds of about $300 million. The company said that it now owns a 6% stake in Cencora, trimming it...
Australia’s Sigma shareholders approve $5.5 billion Chemist Warehouse merger
Australia’s Sigma Healthcare shareholders approved in a vote on Wednesday a merger with Chemist Warehouse to create an A$8.8 billion ($5.50 billion) pharmacy and retailing giant. More than 99% of proxy...
Bankruptcy Court approves listed-firm parental drugs India’s acquisition by IHL Lifescience
The bankruptcy court in Mumbai approves IHL Lifesciences Pvt Ltd’s acquisition of the listed firm Parental Drugs India Ltd. Before the tribunal’s approval, the Company’s Committee of Creditors (CoC) had...
New Mountain Capital buys a majority stake in healthcare BPO Access Healthcare
New Mountain Capital, LLC, US based investment firm, has made a strategic investment in the Chennai & Texas -based healthcare Access Healthcare, the company announced on Tuesday. Financial details were not mentioned...
