Delhi-based clear dental aligner company, Rejové Aligners said it has acquired a majority stake for an undisclosed amount in 32 WATTS, a clear aligner brand. The company said it aims to revolutionize orthodontic...
IHH Healthcare to acquire remaining stake in Ravindranath GE Medical Associates for Rs 740 cr
Malaysia’s IHH Healthcare Bhd on Friday said it will acquire the remaining stake in hospital chain operator Ravindranath GE Medical Associates (RGE), held by Ravindranath Kancherla and his affiliates, for around...
Eye Care hospital chain Dr. Agarwal’s raises Rs 650 crore funding
Eye care hospital chain Dr Agarwals Health Care has raised about Rs 650 crore from the TPG Growth and Singapore’s sovereign wealth fund Temasek, within a year of raising Rs 1,050 crore from them in an earlier...
Germany’s Synlab agrees to sell vet business to Mars
German medical diagnostics provider Synlab said it has agreed to sell its veterinary business to the privately owned U.S. confectionary and pet food giant Mars Inc. Synlab has not revealed the deal’s value but...
Blackstone leads race to buy Kerala’s Kims Hospital chain
Blackstone has emerged the frontrunner to acquire Kims Healthcare Management (KHML), Kerala’s leading hospital chain, said two people aware of the development. The US private equity major is expected to acquire up to...
Biocon to close Viatris merger by FY24 end
Biocon Biologics Ltd expects to conclude the merger with Viatris’ biosimilars portfolio in FY24, chief executive Shreehas Tambe said on Friday. “We are looking to complete the transition ahead of time. We planned a two...
UK antitrust watchdog provisionally clears $1.58 bln UnitedHealth-EMIS deal
Britain’s competition regulator said on Friday it has provisionally cleared UnitedHealth Group’s 1.24 billion pounds ($1.58 billion) acquisition of healthcare technology firm EMIS. The Competition and...
Ipca Laboratories acquires 33.38% stake in Unichem for over Rs 945 cr
Ipca Laboratories said it has completed the acquisition of a 33.38 per cent stake in Unichem for Rs 945.35 crore. Last week, Ipca got approval from the Competition Commission of India (CCI) for a 59.38 per cent stake...
Apax set to buy stake in Palex Medical in 1 billion euro deal- sources
Private equity firm Apax is set to agree the acquisition of a 50% stake in medical group Palex in a deal that will value the company at around 1 billion euros ($1.1 billion), debt included, according to two sources with...
BPEA buys fertility clinic Indira IVF at valuation of $1.1 billion
Private equity firm BPEA EQT has acquired 60% of Indira IVF Hospital Pvt. Ltd, India’s largest chain of fertility clinics, from TA Associates and the fertility company’s founders at a valuation of about $1.1 billion...
India resurgence fund in talks to acquire Ind-Swift’s API business
India Resurgence Fund (IndiaRF), an India-focused distressed and special situations investment platform sponsored by the Piramal group and Bain Capital Credit, is in talks to acquire the active pharmaceutical...
Morgan Stanley PE acquires controlling stake in ClearMedi Healthcare
Morgan Stanley PE Asia has acquired a controlling stake in ClearMedi Healthcare, a Delhi-headquartered chain of oncology hospitals and radiation therapy centres, in a deal valued at about $35 million (Rs 285 crore)...
