Boston Scientific is exploring a deal to buy cardiovascular medical device company Shockwave Medical, Bloomberg News reported on Friday citing people with knowledge of the matter. Shockwave shares rose 6.9%, while...
Fortis acquires Gurugram-based Medeor Hospital for Rs 225 crore
Fortis Healthcare said it has signed definitive agreements with the VPS Group for the acquisition of its Medeor Hospital in Manesar, Gurugram for Rs 225 crore. The hospital has a potential bed capacity of 350 beds and...
Merck to buy Prometheus Biosciences for about $11 billion
Merck & Co said it will buy Prometheus Biosciences Inc for about $10.8 billion, picking up a promising experimental treatment for ulcerative colitis and Crohn’s disease and building up its presence in...
Temasek acquires additional 41% stake in Manipal Health Enterprises
Singapore-based Temasek is set to take majority control in Bengaluru-based Manipal Health Enterprises following the acquisition of an additional 41% stake in the hospital chain. According to a joint statement issued by...
Manipal Hospitals closes in on KIMS Health
Manipal Hospitals, backed by Singapore state investor Temasek, is close to acquiring Kerala-based hospital chain KIMS Health for ₹3,500-4,000 crore, two people familiar with the development said. Manipal intends to buy...
Singapore’s Temasek buys majority stake in Manipal Hospitals for $2 billion
Singapore government-owned fund Temasek Holdings has acquired India’s leading hospital chain Manipal Health Enterprises by owning about 59% stake. Temasek-owned Sheares Health, which held 18% stake in Manipal, has...
CVC, Advent, Bain in race to buy Porus Labs for about ₹2,500 cr
CVC Capital, Advent International and Bain Capital, among others have evinced interest in acquiring Porus Laboratories, said two people in the know. Although formal bids will be placed in April, Porus Laboratories is...
Australia’s HMC Capital to buy hospitals from U.S. firm for $802 mln
Australian asset manager HMC Capital Ltd said on Thursday it will buy 11 private hospitals from U.S.-based Medical Properties Trust for A$1.20 billion ($802.08 million). The hospitals are currently managed by Brookfield...
Manipal to buy AMRI Hospitals for Rs 2,400 crore
After prolonged negotiations and court battles, Manipal Health Enterprises has acquired Kolkata-based AMRI (Advanced Medical Research Institute) Hospitals in a deal worth ₹2,400 crore, said two people aware of the...
Thermo Fisher, Celltrion vie for Baxter’s biopharma unit -sources
U.S. scientific instruments maker Thermo Fisher Scientific Inc and South Korea’s Celltrion Inc are among those competing to acquire the biopharma solutions business of medical device maker Baxter International...
Australian Clinical Labs offers to buy Healius for $1 billion
Australian Clinical Labs offered to acquire Healius through an all-share takeover, valuing the medical center operator at A$1.52 billion ($1.02 billion). One of the country’s largest pathology providers said it...
Appasamy owners look to sell controlling stake
Promoters of Appasamy Associates plan to sell a controlling stake in the Chennai-based medical equipment manufacturing company, and are in initial talks with private equity investors, two people aware of the development...
