UK’s competition regulator will refer Australian hearing device maker Cochlear’s acquisition of Copenhagen-based Demant’s hearing implants business Oticon Medical for an in-depth investigation...
Boston Scientific to buy majority stake in China’s Acotec
U.S. medical device maker Boston Scientific Corp will make a partial offer for a majority stake of up to 65% in Chinese medical technology company Acotec Scientific Holdings, the companies said. The acquisition, which...
Boston Scientific to buy majority stake in China’s Acotec
U.S. medical device maker Boston Scientific Corp will make a partial offer for a majority stake of up to 65% in Chinese medical technology company Acotec Scientific Holdings, the companies said. The acquisition, which...
Blackstone now sole bidder for Care Hospitals
Blackstone, the world’s largest private equity group, is the only contender left in the race to acquire Care Hospitals for ₹7,800-8,000 crore in what would be one of the biggest healthcare buyouts in the country...
Healthium Medtech inks pact to sell UK-based unit to KKR for unrevealed sum
Healthium Medtech said it has inked a pact to sell its UK-based subsidiary to global investment firm KKR for an undisclosed amount. The company has entered into a definitive agreement to sell Watford-based Clinisupplies...
Blackstone, Manipal, Sheares, Max eye KIMS Health stake
Manipal Health Enterprises, Max Healthcare, Temasek-owned Sheares Healthcare, and global buyout funds Blackstone and CVC Capital are among half a dozen potential buyers in initial talks to acquire about 65-70% in KIMS...
Max Health tops Manipal’s AMRI bid by ₹900 crore in battle for hospital beds
Max Healthcare Institute is believed to be eyeing the Kolkata-based Emami Group’s AMRI Hospitals with a counter offer that trumps an earlier Manipal Health Enterprises (MHE) bid by Rs 900 crore, triggering a potential...
Manipal Health moves HC to halt Emami from selling its stake in AMRI Hospitals
Manipal Health Enterprises (MHE) moved the Delhi High Court seeking to restrain the Emami Group from selling or transferring its 94% stake in the latter’s healthcare business, AMRI Hospitals, to any third party or...
Sukoon Healthcare secures $15 mn from Lightrock for a majority stake
The in-patient psychiatric facility Sukoon Healthcare has secured USD 15 million (about Rs 120 crore) investment from Lightrock India for a majority stake in the hospital. The Gurugram-based hospital in a statement on...
Merck to buy Imago for $1.35 bln to broaden portfolio of blood disorder drugs
Merck & Co Inc said it will acquire cancer drug developer Imago BioSciences Inc for a total equity value of $1.35 billion to expand its portfolio of blood disorder treatments. The offer of $36 per share in cash for...
Sebi advices IHH Healthcare to proceed with open offer to acquire stake in Fortis after Delhi HC’s order
Sebi advised Malaysia’s IHH Healthcare to go ahead with its open offer to acquire 26.1 per cent market share in Fortis Healthcare after obtaining order from the Delhi High Court, the company stated. In November...
Bessemer Ventures-backed Medi Assist acquires UK-based Mayfair
Bessemer Ventures-backed Medi Assist Healthcare Services Ltd. has acquired a majority stake in Mayfair We Care (Mayfair), a UK-based healthcare-focused administration service provider, for an undisclosed cash deal. The...
