Medical device maker GE Healthcare is working with advisers to explore options including the sale of a stake in its China unit, Bloomberg News reported on Thursday, citing people familiar with the matter. A potential...
Metropolis Healthcare acquires Kolhapur-based pathlab chain for ₹17 crore
Mumbai-headquartered diagnostics player Metropolis Healthcare on Thursday announced that it has acquired Kolhapur-based Ambika Pathology Laboratory for a total consideration of Rs 17 crore. The consideration includes a...
UK’s Spire Healthcare says reviewing options, including possible sale
British private hospital group Spire Healthcare said on Thursday it had initiated discussions with several parties to explore strategic options, including a potential sale of the company. The company said the review was...
Roche to acquire liver drug developer 89bio for up to $3.5 billion
Roche has agreed to buy U.S. biotech firm 89bio for up to $3.5 billion to strengthen its development pipeline of liver and cardiometabolic disease treatments, the Swiss drugmaker said on Thursday. The deal would help...
Amazon ropes in Fay to offer dietitian services on telehealth platform
Amazon has teamed up with Fay to provide personalized, insurance-covered dietitian services through the e-commerce giant’s digital health platform, the nutrition care startup said on Tuesday. WHY IT’S...
Novo Holdings in talks to buy into Surya Hospitals
Novo Holdings, a 142 billion euro investment firm that controls drug maker Novo Nordisk, has entered into exclusive talks to acquire a 49% stake in Mumbai-based Surya Hospitals, said people familiar with the matter. A...
Creador to buy 7% stake in pharma company La Renon
Kuala Lumpur-based private equity firm Creador is set to acquire about 7% stake in domestic pharmaceutical company La Renon Healthcare for ₹800 crore, according to people aware of the development. The transaction values...
Cupid announces strategic investment in fragrance brand Mansam
Healthcare products manufacturer Cupid Ltd on Thursday announced that it has signed a term sheet to acquire a strategic stake in Saudi Arabia-based fragrance brand Mansam. The investment is done through a fund structure...
CVC Capital to exit Healthcare Global via ₹550 crore block deal
Nine months after selling a controlling stake in cancer care hospital chain Healthcare Global (HCG) to private equity giant Kohlberg Kravis Roberts (KKR), CVC Capital is planning to exit its remaining stake via a block...
Sequent and Viyash Life merger plan gets shareholder approval
The proposed merger of Carlyle portfolio companies Sequent Scientific and Viyash Life Sciences has got overwhelming support from shareholders, the company’s management told ET. It secured approval from 99.98% of...
Poly Medicure to acquire Netherlands-based PendraCare for ₹188.5 crore
Poly Medicure (Polymed), a domestic medical device manufacturer, has signed definitive agreements to acquire a 90 per cent stake in Netherlands-based PendraCare Group, which includes PendraCare Holdings and Wellinq...
CCI clears Manipal Hospitals’ proposal to acquire Sahyadri Hospitals
Competition watchdog CCI on Tuesday cleared healthcare major Manipal Hospitals’ proposal to acquire Pune-based Sahyadri Hospitals from global investor Ontario Teachers’ Pension Plan Board in a deal estimated...
