Diagnostic chain Metropolis Healthcare on Friday said its board has approved the acquisition of Hitech Diagnostic Centre and its subsidiary Centralab Healthcare Services for a cash consideration of Rs 636 crore. Earlier...
Aditya Jyot Eye Hospital to merge with Agarwals Eye Hospitals
Eyecare chain Agarwals Eye Hospitals on Friday said the city-based Aditya Jyot Eye Hospital is merging with it, and also announced plans to invest Rs 300 crore in Maharashtra over the next two years to expand network...
Twin Health raises $140 mn for expansion
Healthtech startup, Twin Health, Thursday said it has raised $140 million (roughly ₹1000 crore) in Series C funding from Sequoia Capital India, ICONIQ Capital, Perceptive Advisors, Corner Ventures, LTS Investments...
Boston Scientific to buy Baylis Medical for $1.75 billion
Boston Scientific Corp said on Wednesday it would acquire Canada-based privately held medical device maker Baylis Medical Company Inc for $1.75 billion to expand its electrophysiology and heart product portfolios. The...
Brazil’s Rede D’Or acquires Hospital Aeroporto in $42 million deal
Brazilian hospital chain Rede D’Or has signed a contract to acquire Hospital Aeroporto, located in Bahia state, in a deal worth 230 million reais ($42 million), it said in a securities filing late on Tuesday. Rede D’Or...
Sun Life to buy oral healthcare firm DentaQuest for $2.5 billion
Financial services firm Sun Life Financial Inc said on Sunday it has agreed to buy oral healthcare company DentaQuest for $2.47 billion. The transaction will be financed using cash and debt, Sun Life said in a...
NCLT restrains RHC Finance from exercising voting rights in Religare Enterprises
The National Company Law Tribunal (NCLT) has restrained RHC Finance, a firm controlled by Malvinder Mohan Singh and Shivinder Mohan Singh, from exercising its voting rights in Religare Enterprises till further orders...
PE firm KKR affiliate sells part of its stake in Max Healthcare
Shares worth Rs 2,956 crore of Max Healthcare changed hands on Wednesday in a bunch of bulk deals. The shares were sold by Kayak Investment holdings, an affiliate of the private equity firm KKR for Rs 350 per share. The...
KKR to sell $300 mn stake in Max Healthcare
American private equity major KKR is selling a 6.5% stake in Max Healthcare Institute Ltd, worth $300 million or Rs2,220 crore, in a block trade, according to deal terms seen by Mint. KKR affiliate Kayak investments...
Brazilian healthcare co Hapvida agrees to buy HB Saude -filing
Brazil’s Hapvida Participacoes has agreed to buy smaller rival HB Saude, the healthcare company said in a securities filing. Hapvida said its proposed 650 million reais ($122.5 million) for the full capital of HB Saude...
Tata Group to invest Rs 110 crore in health tech firm Karkinos
Comprehensive oncology platform Karkinos has closed a funding round with the Tatas with an investment commitment of Rs 110 crore, according to industry sources. Tata group plans to invest about Rs 35 crore immediately...
Lincoln Pharma acquires plant for making pneumonia, bronchitis antibiotics
Ahmedabad-based drug maker Lincoln Pharmaceuticals Ltd has acquired a facility in Mehsana that makes antibiotics used in the treatment of pneumonia and bronchitis, among other ailments. The acquisition along with...
