Marengo Asia Hospitals is looking to raise ₹500 crore by selling a 10% stake to external investors, said people in the know. An information memorandum with details of the hospital chain’s financials was recently...
Healthcare
Jhunjhunwalas-backed IKS healthcare looks to acquire TruBridge for $600 million
Inventurus Knowledge Solutions (IKS), a healthcare technology solutions company backed by the family of the late Rakesh Jhunjhunwala, is in advanced negotiations to acquire Nasdaq-listed TruBridge in the US for around...
Max Healthcare Institute approves acquisition of controlling stake in Kalinga Hospital, Bhubaneswar
The board of Max Healthcare Institute at its meeting held on 08 April 2026 has approved to enter into a share purchase agreement (SPA) for the acquisition of a controlling stake (~58.39%) in Kalinga Hospital (KHL)...
Cencora buys EyeSouth’s retina business in $1.1 billion deal
U.S. drug distributor Cencora said on Monday it would buy the retina-care business of EyeSouth Partners for $1.1 billion, bolstering its specialty medical services business. The deal will combine the privately held...
360 ONE to finance AIMS founder’s stake buyback
360 ONE Asset is set to back Asian Institute of Medical Sciences (AIMS) founder Narendra Pandey to buy back a 49% stake that private equity investors hold in the Faridabad hospital, people familiar with the matter said...
Spire says sale talks continue after Bridgepoint, Triton walk away
Spire Healthcare said on Friday that buyout talks with private equity firms Bridgepoint and Triton have ended, but it was still in discussions with other parties for a potential sale. “There can be no certainty...
Prestige Consumer to buy Breathe Right brand in $1.05 billion deal
U.S. consumer health products maker Prestige Consumer Healthcare said on Friday it would buy the Breathe Right brand and other assets from Foundation Consumer Healthcare in a deal valued at $1.045 billion. The deal...
CureBay absorbs Saveo’s pharma distribution unit to expand rural reach
Rural healthtech startup CureBay has acquired the pharmaceuticals distribution business of B2B (business-to-business) health marketplace Saveo, Priyadarshi Mohapatra, founder and chief executive of CureBay told Mint...
Altai Capital presses OraSure to sell and give it board seats, letter says
Activist investor Altai Capital Management called on OraSure Technologies to explore a sale, saying the medical device maker could fetch double its current share price. The hedge fund also said it would like board...
Kotak Mahindra Mutual Fund acquires stake in this recently listed healthcare stock
KMMF stated its acquisition of 175,164 equity shares in Park Medi World Limited. This move raised KMMF’s total shareholding in the company from 4.9988% to 5.0393%. The shares of Park Medi World Limited have a face...
Aster DM wins nod for Quality Care merger, paving way for $7 bn hospital giant
Aster DM Healthcare India Ltd has secured approval from its shareholders and unsecured trade creditors for its amalgamation with Blackstone-backed Quality Care India Ltd more than a year after the deal was announced...
Nova IVF picks up majority stake in Kerala’s CRAFT Hospitals at $40-mn valuation
Nova IVF Fertility, a Bengaluru-headquartered fertility services chain, has acquired a majority stake in CRAFT Hospitals, one of Kerala’s leading fertility centres, in a deal valuing the company at about $40 million...
