The U.S. Federal Trade Commission has sued to block Edwards Lifesciences Corp’s acquisition of JenaValve Technology Inc, saying in a lawsuit filed in Washington on Wednesday that the merger would decrease...
Manipal Hospitals seeks CCI nod to acquire Sahyadri Hospitals for about Rs 6,400 cr
Healthcare major Manipal Hospitals has sought approval from the fair trade regulator CCI to acquire Pune-based Sahyadri Hospitals from global investor Ontario Teachers’ Pension Plan Board in a deal pegged at...
Jashvik Capital acquires Rs 400 crore stake in Marg ERP
Jashvik Capital has acquired an undisclosed stake in Marg ERP for Rs. 400 crore, as per a joint press release from the two parties. Founded in 2000 by Anup Singh Thakur, Sudhir Singh Thakur, and Mahendar Singh, Marg ERP...
CapVest eyes majority stake in German drugmaker Stada, Bloomberg News reports
London-based buyout firm CapVest Partners is in talks to acquire a majority stake in German drugmaker Stada Arzneimittel, Bloomberg News reported on Tuesday. The deal would value Stada Arzneimittel at about 10 billion...
KKR mulls acquisition of healthcare technology firm GPI, Bloomberg News reports
KKR is considering a potential buyout of Italian health-care technology firm GPI SpA, as the U.S. investment firm scouts for takeover targets amid the recent market volatility, Bloomberg News reported on Wednesday. KKR...
OraSure Technologies received takeover bid from industry entrepreneur, sources say
Prominent healthcare entrepreneur Ron Zwanziger approached medical device maker OraSure Technologies with a takeover offer, three people familiar with the matter said, in what would mark more consolidation in the...
Manipal Health buys Sahyadri Hospitals for Rs 6,400 crore
Manipal Health Enterprises, India’s 2nd largest hospital chain, has bought Sahyadri Hospitals from Canada’s Ontario Teachers Pension Plan (OTPP), as per an official release from both sides that did not divulge...
Merck nears $10 billion deal for respiratory drugmaker Verona, FT reports
Merck is nearing a roughly $10 billion deal to buy lung disease-focused biotech Verona Pharma, the Financial Times reported on Wednesday. Merck would pay $107 per American depository share for Verona, the report said...
Samsung to buy US healthcare services company Xealth
Samsung Electronics said on Tuesday it had signed an agreement to acquire Xealth, a U.S.-based healthcare platform, as part of its efforts to expand its mobile healthcare services business. The South Korean company did...
Apollo Hospitals to spin off digi health, pharmacy business
Apollo Hospitals Enterprises (AHEL), the country’s largest listed healthcare chain, and its subsidiary Apollo HealthCo have decided to demerge their omnichannel pharma and digital health businesses (24×7...
Manipal Health Enterprises leads race to buy Sahyadri Hospitals with Rs 6,838 crore bid
IPO-bound Manipal Health Enterprises is leading the race to acquire Sahyadri Hospitals with a Rs 6,838 crore ($800 million) bid, people familiar with the matter said. It is trailed closely by Blackstone, they said...
PE firm True North exits Zydus Wellness; sells 7.27% stake for Rs 879 crore
Mumbai-based True North on Tuesday exited Zydus Wellness by divesting its entire 7.27 per cent stake in the company while PPFAS Mutual Fund acquired the shares for Rs 879 crore through an open market transaction...
