Indian conglomerate Nirma Ltd. and PAG-backed Sekhmet Pharmaventures are among the shortlisted bidders for a controlling stake in Glenmark Life Sciences Ltd., according to people familiar with the matter. The suitors...
MoonLake Immunotherapeutics explores sale, sources say
MoonLake Immunotherapeutics, a developer of an antibody-derived treatment for inflammatory skin conditions, is exploring a sale, according to people familiar with the matter. The company is working with an investment...
Asia Health in talks to acquire kidney care hospital AINU
Asia Healthcare Holdings (AHH), the private equity-backed single-speciality healthcare platform, is in advanced stages of discussions to acquire Asian Institute of Nephrology and Urology (AINU), the largest single...
Aster Healthcare’s promoters in talks with private equity groups, look to sell India business
Promoters of Aster DM Healthcare led by Azad Moopen have initiated stake-sale talks with private equity groups such as Blackstone and KKR among others, said people aware of the matter. The promoters may even be open to...
Thermo Fisher to acquire CorEvitas for about $913 million
Thermo Fisher Scientific said it would acquire healthcare data provider CorEvitas for $912.5 million in cash, as the medical products maker looks to boost its portfolio of services offered to pharmaceutical clients...
Warburg in advanced talks to buy medical equipment manufacturer Appasamy
Private equity firm Warburg Pincus is in advanced talks to acquire Chennai-based medical equipment manufacturer Appasamy Associates, said people aware of the development. US-based Warburg has signed an exclusivity...
Bausch + Lomb buys Novartis drugs for $1.75 billion to boost eye-care portfolio
Bausch + Lomb said it would acquire several Novartis eye-care products for $1.75 billion as their market grows, sending the company’s shares up over 8% in early trading. The deal includes acquisition of...
Blackstone, General Atlantic, 2 other PEs vie for Indira IVF
Private equity (PE) investors Blackstone Inc., BPEA EQT, CVC Capital Partners, and General Atlantic Service Co. Lp are competing to acquire Mumbai-based Indira IVF Hospital Pvt. Ltd amid rising demand for infertility...
UnitedHealth bags Amedisys for $3.3 billion as home health firm scraps Option deal
Home health and hospice caregiver Amedisys agreed to a $3.3 billion sweetened cash offer from UnitedHealth Group and scrapped an all-stock deal with Option Care Health. UnitedHealth is buying the company for $101 per...
Zydus Life to acquire equity stake in Mylab Discovery Solutions for ₹106 crore
Zydus Lifesciences announced on June 23 that it will acquire 6.5 per cent equity stake in Mylab Discovery Solutions Limited for ₹106 crore. The deal is a share purchase agreement of Zydus Animal Health and Investments...
Fortis Healthcare to divest Vadapalani Hospital business for ₹152 crore
Fortis Healthcare Limited announced on Thursday about signing of a definitive agreements for sale of its hospital business operations at Vadapalani, Chennai to Sri Kauvery Medical Care (India) Limited for a sale...
Nova IVF acquires Ahmedabad company Wings to expand its presence in Gujarat
Nova IVF Fertility, the second largest fertility chain in India, has expanded its presence in Gujarat through the acquisition of Ahmedabad-based Wings IVF that has six centres in Gujarat. The deal is valued at ₹125-₹140...
