Private equity firm Olympus Capital Asia plans to sell a 9.8% stake in India’s Aster DM Healthcare for up to 19.53 billion rupees (nearly $235 million), according to a term sheet seen by Reuters on Tuesday...
Aster DM in final stage of Gulf business sale
Aster DM Healthcare on Wednesday said that the separation of its Indian and Gulf (GCC) businesses, and the proposed investment in its GCC business by an investor group led by UAE-based PE firm Fajr Capital, is in the...
UK’s Johnson Matthey to sell medical device business for $700 mln
Britain’s Johnson Matthey (JM) will sell its medical device components business to Montagu Private Equity for $700 million in cash, as part of its strategy to focus on growth units and streamline operations...
Pfizer to cut stake in Sensodyne toothpaste-maker Haleon to 24%
Consumer healthcare firm Haleon said on Monday that U.S. drugmaker Pfizer, its top shareholder, will sell down its stake in the company to about 24%. Pfizer, which currently holds a 32% stake in Haleon, said last year...
India’s Manipal Health set to buy majority stake in Medica Synergie for $151 mln, source says
India’s Manipal Health is set to buy a 93% stake in Medica Synergie as early as April for about 12.50 billion rupees (about $151 million), according to a source familiar with the matter, uniting the two Temasek...
Walgreens CEO says no plans to sell specialty pharmacy unit
Walgreens Boots Alliance’s CEO rejected a media report, saying the company does not plan to sell specialty pharmacy unit Shields Health Solutions at least for now The pharmacy chain is instead looking for ways to...
Thyrocare completes acquisition of Think Health
Shares of Thyrocare Technologies hit a 21-month high of Rs 722 as they rallied 12 per cent on the BSE in Wednesday’s intraday trade amid heavy volumes, after the company completed the acquisition of Think Health...
R1 RCM majority shareholders consider taking company private
A group of R1 RCM’s investors is considering taking the healthcare services provider private, according to a regulatory filing on Monday, sending shares of the company up as much as 31%. The investor group, led by...
HCG stake sale: A big acquisition deal likely coming up for HCG as EQT, TPG and KKR eye majority stake
Global buyout funds EQT (formerly Baring PE Asia-EQT), TPG Capital and KKR are among those evaluating the acquisition of a controlling stake held by CVC Capital in Bengaluru-based specialty cancer hospital chain...
Max Healthcare Institute acquires Alexis Multi-Speciality Hospital
Max Healthcare Institute Ltd said it has acquired 99.90 per cent stake in Nagpur-based Alexis Multi-Speciality Hospital Pvt Ltd for an enterprise value of Rs 412 crore. Subsequently, Alexis Multi Speciality Hospital has...
Gilead to buy CymaBay for $4.3 bln in bets on liver disease treatment
Gilead Sciences has agreed to buy CymaBay Therapeutics for $4.3 billion, gaining access to an experimental liver disease treatment with blockbuster potential as the U.S. drugmaker looks beyond its older HIV drugs for...
Yatharth Hospital acquires Faridabad based hospital for Rs 116 crore
Hospital chain Yatharth Hospital and Trauma Care Services on Sunday announced the acquisition of 175-bedded Faridabad-based multi-specialty Asian Fidelis Hospital for Rs 116 crore in an all cash deal. Yatharth Hospital...
