Private equity (PE) fund ChrysCapital is in final discussions to acquire a significant minority stake in New Delhi’s Centre For Sight, valuing the eye hospitals chain at Rs 1,600 crore, said people aware of the...
Bristol Myers to buy RayzeBio for $4.1 billion in targeted cancer therapy push
Bristol Myers Squibb said it would buy RayzeBio for about $4.1 billion to bolster its cancer drug business, marking the second multi-billion dollar deal struck by the drugmaker in less than a week. Bristol Myers had...
General Atlantic set to acquire Amar Ujala’s hospital chain Cygnus Healthcare
The global private equity major General Atlantic is set to acquire about 70% stake in Ujala Cygnus Healthcare Services, the Delhi-based multi-specialty hospital chain owned by media group Amar Ujala, said multiple...
Vijaya Diagnostic to acquire PH Diagnostic for Rs 134.65 crore
Vijaya Diagnostic Centre Ltd said it will fully acquire Pune-based PH Diagnostic Centre Pvt Ltd for a cash consideration of Rs 134.65 crore. The board of directors at their meeting held on Tuesday have considered and...
Multiples PE-backed Zenex acquires Dabur promoter Pradeep Burman’s Ayurvet
Zenex, India’s leading animal health company backed by private equity firm Multiples PE on Thursday said it has acquired Ayurvet – a company founded by Pradip Burman of Dabur India’s promoter family...
Cipla invests Rs 42 crore in digital tech firm GoApptiv
Cipla said it has agreed to further invest Rs. 42 crore in digital tech company GoApptiv. With the completion of this deal, Cipla’s total stake in GoApptiv will increase to 22.99% on a fully diluted basis. This is...
Australia’s Sigma Healthcare signs $5.8 bln merger deal with Chemist Warehouse
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...
