The Competition Commission of India (CCI) has cleared a minority stake acquisition in Micro Life Sciences Pvt. Ltd by South Elm Investments B.V., a Dutch investment holding company. The shareholders of South Elm...
Tata 1mg makes strategic investment in diagnostic platform 5C Network
Health technology platform Tata 1mg has invested in digital diagnostic platform 5C Network for an undisclosed amount. Other investors who took part in this round include Vikram Vuppala (founder, and CEO at Nephroplus)...
ASG Eye in talks with PEs to sell 49% stake
ASG Eye Hospitals, one of the largest eye care chains in India, is set to sell about 49% stake. ASG, which has started discussions with several private equity funds, expects a valuation of ₹2,300 crore ($300 million)...
Australian IVF service provider Virtus accepts CapVest’s sweetened $514 million bid
Australia’s Virtus Health Ltd said on Monday it had accepted a sweetened A$704.8 million ($514 million) takeover offer from CapVest Partners LLP, which topped an improved offer from rival bidder BGH Capital. After...
U.S. medical device maker Merit explores sale -sources
Merit Medical Systems Inc, a U.S. medical device manufacturer with a market value of $3.5 billion, is exploring options that include an outright sale to a private equity firm, people familiar with the matter said on...
Zydus unit to acquire brand from US-based BridgeBio Pharma
Zydus Lifesciences on Tuesday said its subsidiary has inked a pact to acquire a brand from the US-based BridgeBio Pharma. Sentynl Therapeutics, Inc — a US-based wholly-owned subsidiary of Zydus Lifesciences...
Manipal Health Enterprises closes in on AMRI buy
Manipal Health Enterprises is in the final stages of acquiring Emami Group’s healthcare business, AMRI Hospitals, for ₹1,700-1,800 crore. The deal was delayed by over a year due to differences in valuation and...
Trivitron Healthcare acquires US-based medical devices firm Kennedy Company
Medical devices maker Trivitron Healthcare, on Wednesday, said that it has acquired US-based the Kennedy Company, a leading manufacturer of radiation protection X-ray shielding material and acoustic barrier products...
IIFL AMC fund acquires minority stake in OmniActive Health Technologies
Nutraceutical maker OmniActive Health Technologies on Tuesday said that IIFL Asset Management Limited (IIFL) has acquired a minority stake in the company. The financial terms of the transaction were not disclosed. The...
Govt extends HLL Lifecare bid submission deadline till March 14
The government has for the second time extended till March 14 the deadline for prospective buyers to submit EoIs for strategic sale-bound HLL Lifecare. The Department of Investment and Public Asset Management (DIPAM)...
Sartorius in $11 bln bid for COVID vaccine reagent vendor Maravai -sources
Laboratory supplies vendor Sartorius AG has approached Maravai LifeSciences Holdings Inc, a U.S. provider of capping reagents for COVID-19 vaccines, with an $11 billion acquisition offer, people familiar with the matter...
U.S. sues to block UnitedHealth’s $8 bln deal for Change Healthcare
The U.S. Justice Department on Thursday sued to stop UnitedHealth Group’s $8 billion acquisition of Change Healthcare, saying the deal would give the largest U.S. health insurer access to its competitors’...
