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...
Blackstone to buy controlling stakes in CARE Hospitals, KIMS health for $1 bn
Global private equity major Blackstone will invest about $1 billion (₹8,300 crore) to acquire controlling stakes in two leading South Indian hospital chains – Hyderabad-based CARE Hospitals and Kerala’s KIMS...
Blackstone-owned Health Platform Quality Care to buy KIMS Kerala
PE fund Blackstone-owned hospital platform Quality Care (QCIL) has signed an agreement to acquire KIMS Health Management (KHML), Kerala’s leading hospital chain, valuing the business at ₹3,300 crore ($400...
Apax, TPG among PE funds in talks to buy Inventia health
Several global and domestic private equity funds, including Apax Partners, TPG Capital, TA Associates and Kedaara Capital, are in initial discussions to acquire Inventia Healthcare, a Mumbai-based pharmaceuticals...
Thermo Fisher Scientific to buy Olink in $3.1 billion deal
Thermo Fisher Scientific would acquire Olink Holding AB in a deal valued at $3.1 billion, the companies said on Tuesday, as the U.S. medical equipment maker seeks to boost its life sciences portfolio that helps drug...
Novo Nordisk in $1.3 bln deal to buy hypertension drug
Novo Nordisk has agreed to buy ocedurenone, a drug for uncontrolled hypertension with potential application in cardiovascular and kidney disease, from KBP Biosciences for up to $1.3 billion, the Danish drugmaker said on...
Drug retailer Rite Aid files for bankruptcy, gets $3.45 bln commitment
Rite Aid filed for Chapter 11 bankruptcy on Sunday, a move that would halt lawsuits the drugstore chain is facing over its alleged role in the U.S. opioid crisis and named a new CEO. Rite Aid said it has received a...
Amgen completes $27.8 billion Horizon Therapeutics deal
Amgen said it had completed the $27.8 billion acquisition of Horizon Therapeutics after it received the go-ahead from the U.S. Federal Trade Commission (FTC) last month on certain conditions. Under the settlement terms...
GSK to sell 2.9% stake in former consumer healthcare business Haleon
British drugmaker GSK said it intends to sell a 2.9% stake, or about 270 million shares, in its spun-off consumer healthcare business Haleon. The sale will bring down GSK’s current 10.3% holding in the Sensodyne...
Bessemer, IFC looking to sell 30% stake in dialysis chain NephroPlus
A clutch of investors is exploring sale of their stakes in India’s largest dialysis chain, NephroPlus, valuing the chain at ‘1,800-2,000 crore ($200-250 million). The US-based Bessemer Venture Partners (BVP)...
