Max Healthcare, one of India’s largest private healthcare providers on Friday said it has entered Nagpur, Maharashtra through acquisition of 200 bedded Alexis Multi-Speciality Hospital Rs 412 crores in an all cash deal...
Mubadala buys into Manipal Health Enterprises
Mubadala Investment Company will acquire a minority stake in India’s second largest hospital chain Manipal Health Enterprises (Manipal), said a press statement. Temasek, a Singapore government fund and the...
Temasek sells minority stake in Manipal Hospitals
Singapore based sovereign wealth fund Temasek said it has reduced its stake by 8% in Manipal Health Enterprises, after a year it took control of India’s second largest hospital chain, sources told ET. Temasek will...
Cigna sells Medicare business to Health Care Service for $3.3 bln
Insurer Health Care Service Corp said on Wednesday it would buy Cigna’s Medicare business that manages government-backed health insurance for people aged 65 and older for $3.3 billion in cash. The sale consists of...
Bajaj Finserv health arm acquires Vidal Healthcare valued at Rs 325 crore
Bajaj Finserv Health, a wholly-owned subsidiary of Bajaj Finserv, on Tuesday acquired an entire stake in Vidal Healthcare Services at an enterprise value of Rs 325 crore. The Pune-based healthtech firm has a network of...
NCLT admits Four Care Hospital on StanChart Bank’s application
The Mumbai bench of the National Company Law Tribunal (NCLT) has admitted city-based Four Care Hospital under the Corporate Insolvency Resolution Process (CIRP) in an application filed by Standard Chartered Bank. The...
NCLT admits Four Care Hospital on StanChart Bank’s application
The Mumbai bench of the National Company Law Tribunal (NCLT) has admitted city-based Four Care Hospital under the Corporate Insolvency Resolution Process (CIRP) in an application filed by Standard Chartered Bank. The...
Aster DM shareholders approve sale of Gulf business
Aster DM Healthcare said its shareholders have voted in favour of resolutions towards the separation of the GCC business from the Indian operations, and the sale of majority stake in the Gulf business to private equity...
France’s Sanofi to buy U.S. drugs project INBRX-101 for about $2.2 billion
French healthcare company Sanofi has agreed to buy U.S. biotech firm Inhibrx in a deal valued at up to $2.2 billion, bolstering its drug development portfolio with an experimental treatment for a rare genetic disease...
Walgreens to explore sale of Shields Health for over $4 bln – Bloomberg News
Walgreens Boots Alliance is exploring a sale of specialty pharmacy company Shields Health Solutions, Bloomberg News reported on Tuesday, citing people familiar with the matter. The sale could be valued at more than $4...
Sandoz to buy eye drug Cimerli in $170 million deal
Sandoz announced a deal to buy Cimerli, a biosimilar drug to treat vision impairment and loss, from Coherus BioSciences Inc. for $170 million. The drug is interchangeable with Lucentis, a product marketed by...
GSK to sell 3.2% stake in spin-off Haleon in its third stake sale in under a year
GSK, opens new tab will sell a 3.2% stake, or about 300 million shares, in its spun-off consumer healthcare business Haleon, opens new tab, the British drugmaker said on Tuesday. The announcement marks the third time...
