Everstone Capital, the private equity arm of Everstone Group, has acquired a controlling stake in Softgel Healthcare (SHPL), a manufacturer focused on nutraceutical, pharmaceutical and OTC or over-the- counter segments...
Second largest hospital buyout in India: Blackstone, CVC, Temasek & Max eye Care Hospitals
A handful of strategic and private equity investors including Blackstone, CVC Capital, Temasek and Max Healthcare are vying to acquire Care Hospitals from Evercare, a wholly owned entity of TPG Growth, said people with...
TPG to sell Manipal Health stake, promoter buyback plan fails
Private equity firm TPG has approached investors to sell its stake in Bengaluru-based Manipal Health Enterprises Ltd, after a proposed promoter buyback of TPG’s stake in the hospital chain stalled, three people with...
Paras Healthcare ties up with Fujifilm for providing medical equipment at its J&K hospitals
Multispecialty hospital chain Paras Healthcare on Sunday said it has signed an agreement with Fujifilm India for bringing the latest diagnostic technologies in Jammu and Kashmir. “As part of the partnership...
European Union blocks merger of US firms in cancer screening sector
The European Union’s anti-trust watchdog announced that it is blocking the buyout of cancer-screening company GRAIL by biotech giant Illumina in a rare move by European regulators against two US companies...
CVS to buy Signify Health in $8 bln deal
CVS Health Corp on Monday agreed to buy home healthcare services company Signify Health for about $8 billion in cash, a move that will enable one of the largest U.S. healthcare companies to provide further care...
Illumina in talks with EU regulators to divest Grail – sources
U.S. life sciences company Illumina is in talks with European Union antitrust regulators to divest Grail ahead of an expected EU veto next week of its $7.1 billion acquisition of the biotechnology company, people...
CVS in advanced talks to buy Signify Health for about $8 bln – Source
Drugstore chain owner CVS Health Corp is in advanced talks to buy home-healthcare company Signify Health Inc for about $8 billion, according to a person familiar with the matter. CVS is close to clinching the deal which...
KKR-led group walks away from $15 bln all-cash offer for Australia’s Ramsay
Ramsay Health Care Ltd said a group led by private equity giant KKR & Co pulled the plug on a near $15 billion all-cash buyout offer for the Australian hospital operator, but a cash and stock bid remains on the...
Amazon among bidders for Signify Health
Amazon.com Inc. is among the bidders for healthcare company Signify Health Inc., joining other heavy hitters vying in an auction for the home-health-services provider, according to people familiar with the matter...
Koffey’s Politan takes 9% stake in Masimo, to push for change
Activist investor Politan Capital Management said it owns a nearly 9% stake in Masimo Corp and plans to push the medical device maker to make changes, sending the company’s share price up 6%. Politan, founded by...
GIC, Capital Group buy KKR’s entire stake in Max Health; stock surges 10%
Singapore state fund GIC, US-based financial services firm Capital Group, and a few other institutions on Tuesday picked up KKR’s 26.8 per cent stake in hospital chain Max Healthcare Institute via block deals...
