Manipal HealthMap, the diagnostics arm of Manipal Group, on Tuesday said it has fully acquired Mumbai-based iGenetic Diagnostics for an undisclosed amount. With the acquisition, the company is set to strengthen its...
Cigna resumes mega merger talks with rival health insurer Humana, Bloomberg News reports
U.S. health insurer Cigna Group has revived efforts to merge with smaller rival Humana after abandoning the pursuit late last year, Bloomberg News reported on Friday, citing people familiar with the matter. The...
SeaLink, promoter plan to sell majority stake in Surya Hospital
Private equity firm SeaLink Capital Partners and the promoter of Surya Children’s Medicare are looking to sell a majority stake in western India’s largest children’s hospital chain, said people aware...
Marengo Asia eyes rights issue, stake sale to fund growth
Multi-specialty hospital platform Marengo Asia Healthcare is exploring a rights issue and the possibility of roping in an external investor as it looks to expand bed capacity to 3,000 by the end of 2026, a top executive...
Temasek-backed Manipal Health buys hospital in Mumbai’s Andheri for Rs 415 cr
Singapore’s global investment company Temasek Holdings-backed Manipal Health Enterprises’ Manipal Hospitals has acquired a five-storey hospital property in Mumbai’s western suburb Andheri for Rs 415 crore...
CD&R nears deal to buy Sanofi’s consumer unit for $16 bln, source says
Sanofi is closing in on a deal to sell its consumer health unit for about 15 billion euros ($16.4 billion) to U.S. private equity firm Clayton Dubilier & Rice (CD&R), a person familiar with the matter told...
ChrysCap set to take a bite of nutraceuticals co HealthKart
ChrysCapital is set to acquire about 20% stake in Bright Lifecare that runs omnichannel health products store HealthKart, valuing the business around $450 million (₹3,700 crore). The talks are in final stages and the...
Evexia Lifecare Embarks on Global Expansion Spree with Strategic Acquisitions in Healthcare
The company invests an enormous Rs190 crores in the healthcare industry of the United Arab Emirates and acquires 51% share in Vittal’s MediCare. Evexia Lifecare Limited, a leading name in the pharmaceutical and...
Dr Lal PathLabs sets sights on big buys to expand in south
Dr Lal PathLabs, India’s largest diagnostic chain, is looking at a potentially large acquisition to increase its foothold in south India. If the asset is of a strategic fit, it could look at a deal size of Rs...
CVS explores options including potential break-up, sources say
CVS Health is exploring options that could include a break-up of the company to separate its retail and insurance units, as the struggling healthcare services company looks to turn around its fortunes amid pressure from...
Pfizer to sell about $3.25 bln stake in Sensodyne-maker Haleon, bookrunner says
Pfizer’s stake sale in British consumer healthcare company Haleon has been upsized by 100 million shares to 640 million shares worth about $3.25 billion with strong demand from investors, a bookrunner familiar...
IHH Health eyes acquisitions to grow business: CEO Prem Kumar Nair
IHH Healthcare, the Singapore-Malaysia-based hospital group that operates a chain of hospitals under Fortis and Gleneagles (erstwhile Global Hospitals) brands in India, is planning to double its bed capacity here to...
