Amazon has teamed up with Fay to provide personalized, insurance-covered dietitian services through the e-commerce giant’s digital health platform, the nutrition care startup said on Tuesday. WHY IT’S...
Novo Holdings in talks to buy into Surya Hospitals
Novo Holdings, a 142 billion euro investment firm that controls drug maker Novo Nordisk, has entered into exclusive talks to acquire a 49% stake in Mumbai-based Surya Hospitals, said people familiar with the matter. A...
Creador to buy 7% stake in pharma company La Renon
Kuala Lumpur-based private equity firm Creador is set to acquire about 7% stake in domestic pharmaceutical company La Renon Healthcare for ₹800 crore, according to people aware of the development. The transaction values...
Cupid announces strategic investment in fragrance brand Mansam
Healthcare products manufacturer Cupid Ltd on Thursday announced that it has signed a term sheet to acquire a strategic stake in Saudi Arabia-based fragrance brand Mansam. The investment is done through a fund structure...
CVC Capital to exit Healthcare Global via ₹550 crore block deal
Nine months after selling a controlling stake in cancer care hospital chain Healthcare Global (HCG) to private equity giant Kohlberg Kravis Roberts (KKR), CVC Capital is planning to exit its remaining stake via a block...
Sequent and Viyash Life merger plan gets shareholder approval
The proposed merger of Carlyle portfolio companies Sequent Scientific and Viyash Life Sciences has got overwhelming support from shareholders, the company’s management told ET. It secured approval from 99.98% of...
Poly Medicure to acquire Netherlands-based PendraCare for ₹188.5 crore
Poly Medicure (Polymed), a domestic medical device manufacturer, has signed definitive agreements to acquire a 90 per cent stake in Netherlands-based PendraCare Group, which includes PendraCare Holdings and Wellinq...
CCI clears Manipal Hospitals’ proposal to acquire Sahyadri Hospitals
Competition watchdog CCI on Tuesday cleared healthcare major Manipal Hospitals’ proposal to acquire Pune-based Sahyadri Hospitals from global investor Ontario Teachers’ Pension Plan Board in a deal estimated...
CapVest to acquire majority stake in Stada, ending German firm’s IPO plans
London-based buyout firm CapVest Partners is to acquire a majority stake in Stada Arzneimittel, the German generic drugmaker said on Monday, in what is set to be one of the biggest takeover deals in Europe this year...
Cardinal Health to buy Solaris Health for $1.9 billion, posts weak results
Cardinal Health said on Tuesday it will buy healthcare management firm Solaris Health for $1.9 billion in cash, as the drug distributor looks to expand its specialty business. Shares of Ohio-based Cardinal fell nearly...
Singapore’s Temasek-backed entity to acquire 16% stake in Ayala’s healthcare arm
AC Health, the healthcare arm of the Philippines’ oldest conglomerate Ayala Corp, said on Monday that a private equity firm backed by Singapore’s state-investor Temasek will acquire a 16% minority stake in...
UnitedHealth to sell off 164 locations to settle US challenge to Amedisys deal
UnitedHealth Group has agreed to sell off 164 hospice and home health locations to resolve U.S. antitrust concerns over its $3.3 billion acquisition of Amedisys, the U.S. Justice Department said on Thursday. The Justice...
