Amazon said Wednesday it has closed its $3.9 billion acquisition of the primary care organization One Medical. The e-commerce giant has said the buyout, which was announced in July, is a key component of its...
U.S. will not challenge Amazon.com’s plan to buy One Medical, FTC official says
The U.S. Federal Trade Commission will not file a complaint aimed at stopping Amazon.com’s plan to buy primary care provider One Medical, an FTC official said on Tuesday. Amazon.com Inc said in July it would buy...
Max, Princeton Healthcare among 11 entities interested in SevenHills Hospital
Max Healthcare, US-based Princeton Healthcare, Jupiter Hospital, Capri Global and JM Financial Asset Reconstruction Company (ARC) are among eleven entities that have shown interest in acquiring Sevenhills Healthcare...
Temasek in talks to buy stake in India’s Cloudnine hospital chain: Report
Singaporean sovereign fund Temasek Holdings is in advanced talks to buy a minority stake in Cloudnine Hospitals, valuing the Indian hospital chain at Rs 30 billion ($362.7 million), the Economic Times reported on...
Illumina fights EU order to divest Grail
U.S. life science company Illumina took its case to senior EU and national antitrust officials at a closed hearing to argue against an EU antitrust order that it divests cancer detection test maker Grail Inc (GRAL.O)...
CVS plans foray into urgent care with $9.5 bln Oak Street Health deal
CVS Health Corp said it would buy primary care provider Oak Street Health Inc for about $9.5 billion in cash as the pharmacy giant looks to foray into the urgent care business. CVS said the value of the deal was $10.6...
CVS nearing $10.5 bln deal for primary-care provider Oak Street Health – WSJ
CVS Health Corp is close to an agreement to buy primary care center operator Oak Street Health Inc for about $10.5 billion including debt, the Wall Street Journal reported, citing people familiar with the matter. The...
Mumbai Oncocare raises $10m from Tata Capital Fund
Mumbai Oncocare Centre (MOC), a chain of cancer daycare centres said it has raised up to $10 million from Tata Capital Healthcare Fund for an undisclosed equity stake. MOC plans to utilize the newly infused capital to...
CVS Health in talks to buy Oak Street Health – Bloomberg News
CVS Health Corp is exploring an acquisition of primary care center operator Oak Street Health Inc, Bloomberg News reported on Monday citing people familiar with the matter. Shares of Oak Street Health rose 27% in after...
Aster DM Healthcare arm to acquire Adiran IB Healthcare for ₹1.6 cr
Aster DM Healthcare Ltd, a healthcare chain operating across the Gulf and India, on Thursday said its subsidiary has acquired 100 per cent stake in Adiran IB Healthcare Private Limited. Dr. Ramesh Cardiac and...
Advent to buy into Suven Pharma to create manufacturing powerhouse
Advent International on Monday agreed to acquire 50.1% of Suven Pharmaceuticals Ltd from the Jasti family, promoters of the company, for ₹6,313 crore, as part of the private equity firm’s plan to create a contract drug...
Cygnus Medicare in talks to raise ₹200 cr
A clutch of institutional investors, including development finance institutions and private equity funds, are in talks to invest in Cygnus Medicare Pvt. Ltd that operates hospital chain Ujala Cygnus Healthcare Services...
