Leading diagnostics chain Metropolis Healthcare Ltd is looking to raise at least $500 million to finance acquisitions in the healthcare and diagnostics lab space, two people familiar with the matter said. The company’s...
India’s PharmEasy plans $200 million fund raising at lower valuation
Indian drug and medical services startup PharmEasy is in talks with investors to raise $200 million, but at a valuation that could be 15% or even 25% lower than last year’s $5.1 billion, two people with direct...
Cipla to acquire nutritional supplement brand Endura Mass
Cipla said its consumer health arm Cipla Health Limited (CHL), has signed a definitive agreement to acquire Endura Mass, a nutritional supplement brand in the category of weight gain from Medinnbelle Herbalcare Private...
KKR might sell entire stake in Max Healthcare for ₹12,000cr
KKR & Co. Inc., the largest shareholder of Max Healthcare Institute Ltd, plans to sell its entire stake in India’s third-largest hospital chain for around ₹10,000-12,000 crore, two people familiar with the...
Infosys to acquire Denmark-based BASE life science for Rs 875 crore
Infosys said it will acquire Denmark-based BASE life science for about 110 million euros (Rs 875 crore) in an all-cash deal. The acquisition will deepen Infosys’ expertise in the life sciences domain as well as...
M&A deal value in healthcare, pharma hits record high in first half of 2022
India’s healthcare and the pharmaceutical sector saw hectic deal activity with the value of mergers and acquisitions (M&As) in the first six months of this calendar year scaling a record high and crossing the total...
CARE acquires Indore’s specialty hospital CHL
Private equity fund TPG-backed CARE Hospitals has acquired Indore-based CHL Hospitals, the first corporate hospital established in Madhya Pradesh which has strong clinical expertise in cardiology and neurosciences...
Brazil’s Fleury says it will acquire Pardini; shares of both soar
Brazilian medical laboratories firm Fleury SA will acquire smaller rival Instituto Hermes Pardini SA, it said on Thursday, sending shares in both companies sharply higher. Following the announcement, shares in Fleury...
GA-Kedaara may pick up 49% in ASG Eye Hospitals
A consortium of private equity funds General Atlantic and Kedaara Capital is likely to acquire a significant minority stake in ASG Eye Hospitals, the largest eye care hospital chain in India, two people aware of the...
BC Partners acquires Havea for $1.16 bln -source
London-based private equity firm BC Partners has acquired French natural healthcare group Havea from 3i Group for 1-1.1 billion euros ($1.05 – $1.16 billion), a source familiar with the matter told Reuters. BC...
Pristyn Care acquires online doctor consultation platform Lybrate
Pristyn Care, announced the acquisition of the online physician consultation platform Lybrate for an undisclosed amount. With this acquisition, Gurugram-based Pristyn Care’s plans to expand its existing health-tech...
No decision on divestment of dialysis unit FMC, Fresenius CEO says
German healthcare group Fresenius said that there has been no decision at all to sell its dialysis business Fresenius Medical Care. If Fresenius decided to sell a stake in the Helios hospital chain it would involve a...
