Brazil hospital chain Rede D’or SA acquired insurer Sulamerica Seguros in a share swap deal, according to a report on Wednesday from local newspaper O Globo. The report said that according to the terms of the...
Buyout firm Sylvan Group acquires 4 Singapore healthcare firms for $140.5 mln
Singapore-based The Sylvan Group, backed by members of the Hyundai and Rockefeller families, said on Wednesday that it had bought majority stakes in four Singapore healthcare and pharmaceutical firms for $140.5 million...
GIC buys into hospital platform Asia Health, invests $170 million
Singapore’s sovereign wealth fund GIC has invested $170 million (₹1,280 crore) to acquire a minority stake in Asia Healthcare Holdings (AHH), the single-specialty hospitals platform backed by TPG Growth. In one of...
Competition Commission approves deal for acquisition of athenahealth Group
Competition Commission has given its nod for the acquisition of athenahealth Group by funds managed and advised by H&F, Bain, and GICSI, and Minerva Holdco Inc. The company, headquartered in US, is a cloud-based...
EU antitrust regulators halt Illumina, Grail probe again, await data
EU antitrust regulators have temporarily paused their investigation into U.S. life sciences company Illumina bid for $8 billion cash-and-stock takeover of Grail while waiting for the companies to provide details. This...
Digital healthcare group ETAO to go public via $2.5 bln SPAC deal
ETAO International Group said on Friday it will go public through a merger with a blank-check company, in a deal that values the digital healthcare company at $2.5 billion. The deal with Mountain Crest Acquisition Corp...
Australia’s Virtus Health gets $439 mln buyout bid from PE firm CapVest Partners
Australian healthcare firm Virtus Health Ltd said on Thursday it received a A$608.9 million ($439.56 million) buyout proposal from European private equity firm CapVest Partners. The offer – of A$7.60 per share in...
Palihapitiya-backed SPAC to take biotech ProKidney public in $2.6 bln deal
Biotech ProKidney LP will merge with a blank-check firm backed by veteran dealmaker Chamath Palihapitiya to go public in a deal valuing the combined entity at $2.64 billion, the companies said on Tuesday. The merger...
Buyout fund Ardian makes $1.2 bln swoop on Italy’s Biofarma Group – sources
European private equity firm Ardian has clinched a deal to buy Italian drug firm Biofarma Group for about 1.1 billion euros ($1.26 billion) – its second pharmaceutical deal in less than a year, two sources with...
Biogen eyes potential acquisitions – Stat News
Biogen Inc is working with investment bank Goldman Sachs to find potential targets for acquisitions, Stat News reported on Thursday, citing an unnamed source. The report said the company’s board had warmed to the...
Brazil’s Rede D’or and Bueno family bid for UnitedHealth’s Amil – report
Brazilian hospital chain Rede D’or and the Bueno family are competing for the purchase of healthcare plan operator Amil, which is controlled by UnitedHealth Group, local newspaper O Estado de S.Paulo reported on...
Healthcare financial solutions firm R1 RCM to buy peer Cloudmed in $4.1 bln deal
Healthcare revenue management firm R1 RCM Inc said it would buy peer Cloudmed in an all-stock deal worth about $4.1 billion, including debt. Upon the deal’s closing, R1 shareholders will own about 70% of the...
