Switzerland’s Xlife Sciences AG said on Wednesday its portfolio company, VERAXA Biotech AG, will merge with Voyager Acquisition in a deal that will value the combined company at $1.64 billion. The merger would...
Shivinder Mohan Singh moves NCLT, files plea for personal insolvency
Former Fortis Healthcare promoter Shivinder Mohan Singh has moved a plea before the National Company Law Tribunal for personal insolvency, stating that his liabilities far exceed his assets. Singh has filed the plea...
Aster DM Healthcare gets CCI go – ahead for merger with Quality Care India
Bengaluru-based hospital chain Aster DM Healthcare on Friday said it has got the green light from the Competition Commission of India (CCI) to complete its merger with Blackstone-backed Quality Care India. The company...
Alkem Labs’ subsidiary concludes acquisition of 100% stake in Bombay Ortho
Alkem Laboratories said that its wholly owned subsidiary Alkem Medtech has completed the acquisition of 100% stake of Bombay Ortho Industries. In February this year, Alkem Medtech had executed a binding offer outlining...
CCI approves Akasa Air stake sale, Quality Care-Aster deal
The Competition Commission of India (CCI) on Tuesday cleared four proposals, including the acquisition of certain stakes in Akasa Air’s parent SNV Aviation by Premji Invest, Manipal Group head Ranjan Pai’s...
Competition Comm okays Aster DM Healthcare-QCIL proposed merger
The Competition Commission of India (CCI) on Tuesday cleared the proposed merger of Aster DM Healthcare and Quality Care India, and the merged healthcare entity will be named Aster DM Quality Care. Aster is a healthcare...
UK’s Haleon takes full control of Chinese consumer healthcare venture
British consumer healthcare group Haleon on Tuesday said it gained full control of its Chinese joint venture after acquiring Tianjin Pharmaceutical Da Ren Tang’s 12% stake for about 1.62 billion yuan ($221.4...
Ujala Cygnus to acquire around 60% stake in Punjab hospital chain
Delhi-based hospital chain Ujala Cygnus, which is backed by United States-based private equity (PE) firm General Atlantic, on Monday announced that it has agreed to acquire a significant stake in Punjab-based Amandeep...
Bajaj Healthcare gains after acquiring WHO-GMP certified firm Genrx Pharma
Bajaj Healthcare added 2.48% to Rs 584.10 after the company announced the acquisition of Genrx Pharmaceuticals (in liquidation) as a going concern, as per the sale certificate dated 04 April 2025 that has been issued by...
Metropolis Healthcare to acquire Dehradun-based Dr. Ahujas’ Pathology for Rs 35 crore
Metropolis Healthcare said that Metropolis Histoxpert Digital Services has entered into a business transfer agreement to acquire Dehradun’s leading diagnostic chain Dr. Ahujas’ Pathology and Imaging Centre...
360 ONE, Claypond Capital get CCI nod to acquire stakes in API Holdings
Fair trade regulator CCI on Tuesday approved wealth management entity 360 ONE and Claypond Capital Partners’ proposal to jointly acquire stakes in digital healthcare platform API Holdings. API Holdings provides...
J&J Plan for Bankruptcy to End Talc Cancer Claims Rejected
A federal judge rejected Johnson & Johnson’s third attempt to use bankruptcy to set up a multibillion-dollar trust fund to pay women who claim they got cancer using baby powder and other products allegedly tainted...
