Australia’s Sigma Healthcare said it would merge with privately owned pharmacy giant Chemist Warehouse Group to create a A$8.8 billion ($5.79 billion) entity. Chemist Warehouse will own 85.8% of the merged company...
Max Healthcare Inst to acquire Starlit Medical Centre at enterprise value of Rs 940 cr
Max Healthcare Institute Ltd said it will fully acquire Starlit Medical Centre Pvt Ltd for an enterprise value of Rs 940 crore thereby giving it the ownership of 550-bedded Sahara Hospital in Lucknow. The company has...
Fresenius plans to sell rehabilitation care clinics – FAZ
Fresenius has hired UBS to manage the sale of its rehabilitation care clinic business as the German healthcare group focuses on core activities, Frankfurter Allgemeine Zeitung reported on Friday, citing financial...
Bain, KKR, Advent circle Sai Life Sciences
Global private equity funds, including Bain Capital, KKR, and Advent International, are in talks for a controlling stake in Sai Life Sciences at a valuation of $600-700 million, three people aware of the development...
Blackstone explores sale of Anthos Therapeutics -sources
Private equity firm Blackstone is exploring the sale of Anthos Therapeutics, a developer of a new generation of blood thinners it launched four years ago with backing from Novartis, according to people familiar with the...
Aster divests Gulf business for $1 bn
Leading hospital chain Aster DM Healthcare Ltd said it will separate its mainstay Gulf business and sell it to its Indian promoters (Moopen family) and a Dubai consortium for $1.001 billion, in a move it said will...
Tenet Healthcare to sell 3 South Carolina hospitals for about $2.4 bln
Tenet Healthcare said it would sell three of its hospitals and related operations in South Carolina for about $2.4 billion in cash, in a move aimed at reducing its debt. Shares of the Texas-based company rose 4.9% to...
Cipla concludes 51.18% stake sale in Ugandan subsidiary for $25 million
Cipla on Wednesday announced that it has completed the sale of its 51.18 per cent stake in Cipla Quality Chemical Industries Uganda (CQCIL) for a final consideration amount of $25 million. The transaction was finalised...
Ramsay, Sime Darby to sell Asia healthcare JV to Columbia Asia for $1.2 bln
Malaysian conglomerate Sime Darby said Ramsay Sime Darby Health Care, its 50-50 joint venture with Australia’s Ramsay Health Care, will be sold for 5.7 billion ringgit ($1.21 billion). Sime Darby said its unit...
Norwest Venture picks up 40 per cent in Regency Healthcare
Norwest Venture Partners, a US venture capital firm backed by Wells Fargo, on Monday agreed to buy a 40% stake in Kanpur-based Regency Healthcare for ₹600 crore, said people in the know. Regency Healthcare runs a...
The Jordan Company seeks to buy medical equipment maker Tidi – sources
Buyout firm The Jordan Company has entered into exclusive negotiations to acquire medical equipment maker Tidi Products from Roundtable Healthcare Partners for at least $900 million, people familiar with the matter said...
IKS Health acquires healthtech provider AQuity in a deal worth $200 million
IKS Health, Mumbai-based health tech provider said it has acquired AQuity Solutions, a leading provider of tech-enabled clinical documentation, medical coding, and revenue integrity solutions for a deal size of $200...
