The Ontario Teachers’ Pension Plan Board said it has agreed to acquire a significant majority stake in the Sahyadri Hospitals chain from the Everstone Group in the Canada-based investor’s first control private equity...
KKR to sell entire 26% Max Healthcare stake for Rs 9,416 crore today
American private equity major KKR and Co will sell up to 26.83 per cent in Max Healthcare Institute for Rs 9,416 crore via block deals on Tuesday. The offer, managed by Jeffries India and Kotak Securities, India, will...
Emami promoters eye sale of realty, hospital assets
The promoters of Emami Ltd expect to reduce their pledged shares in the company to 10-15% of their holding by selling the group’s hospital business and real-estate owned by the promoters and few group companies...
Apollo Hospitals acquires asset from Nayati Healthcare for Rs 450 crore
Apollo Hospitals said it has acquired a hospital asset in Gurugram, situated on hospital zoned land, with a potential of 650 beds over 7 lakh square feet, from Nayati Healthcare and Research NCR Private Limited (Nayati)...
Flush with cash, Pfizer buys Global Blood Therapeutics in $5.4 bln deal
Pfizer Inc on Monday agreed to pay $5.4 billion in cash for sickle cell disease drugmaker Global Blood Therapeutics, as it looks to capitalize on a surge in revenue from its COVID-19 vaccine and treatment. Pfizer will...
CVS Health seeks to buy Signify Health, WSJ reports
CVS Health Corp is seeking to buy Signify Health Inc as it looks to expand in-home health services, the Wall Street Journal reported on Sunday, citing sources. Signify Health is working with bankers to explore strategic...
TPG-backed CARE Hospitals acquires Aurangabad-based United CIIGMA Hospitals
Private equity firm TPG-backed Hyderabad-based hospital chain CARE Hospitals said it has acquired majority stake in Aurangabad-based United CIIGMA Hospitals for Rs 300-Rs 400 crore. United CIIGMA operates 300 bedded...
PerkinElmer divests three business units in $2.45 bln deal
PerkinElmer Inc agreed to sell three of its businesses to private equity firm New Mountain Capital for up to $2.45 billion in cash, as it looks to focus on its life sciences and diagnostics businesses under a new name...
Care Hospitals buys significant majority stake in United Ciigma
TPG-backed Care Hospitals has acquired a “significant majority” stake in Aurangabad-based United Ciigma Hospital in its third acquisition since April as part of a strategy to deepen its presence in fast-growing...
General Atlantic, Kedaara Capital buy 46% in ASG for Rs 1,500 crore
General Atlantic and Kedaara Capital have invested ₹1,500 crore in ASG Eye Hospitals in one of the largest private equity deals in eye care in India. General Atlantic and Kedaara Capital are together buying a 46% stake...
Fresenius aims to merge Helios with competitor to boost growth – report
Fresenius plans to merge its hospital operator Helios with a competitor and in doing so bring a minority owner of the subsidiary on board, Wolfgang Hofmann, responsible for mergers and acquisitions at the German...
EU antitrust regulators likely to block Illumina, Grail deal – sources
EU antitrust regulators are expected to veto U.S. life sciences firm Illumina’s acquisition of biotechnology company Grail, people familiar with the matter said. There are doubts whether concessions offered by...
