Global investment firm Carlyle Group through its arm divested a 4.3% stake in healthcare tech firm Indegene for ₹636 crore through an open market transaction. According to the bulk deal data available on the National...
KKR close to buying cancer chain HCG
KKR is close to acquiring Healthcare Global Enterprises Ltd (HCG), the country’s largest speciality cancer care hospital chain, from another private equity firm CVC Capital Partners, said people aware of the matter. The...
Aster DM, Blackstone’s Quality Care announces merger, to be among top 3 hospital chains in India
Aster DM Healthcare and Blackstone-owned hospital platform Quality Care India Ltd (QCIL) on Friday said they have signed definitive agreements for a merger. The merged listed entity will be named as Aster DM Quality...
Aster DM Healthcare to acquire remaining 13% stake in Aster Aadhar Hospital
Aster DM Healthcare, a Bengaluru-based hospital chain, has agreed to acquire the remaining 13 per cent stake in Aster Aadhar Hospital, formerly Prerana Hospital, in Kolhapur, Maharashtra, increasing its ownership in the...
Roche to acquire cell therapy maker Poseida Therapeutics in $1.5 bln deal
Switzerland’s Roche will acquire its U.S. collaboration partner Poseida Therapeutics in a cash deal worth up to $1.5 billion, banking on complex immune cell therapies against several types of blood cancer to boost...
India’s Apollo Radiology acquires reporting wing of UK’s InHealth Group
Apollo Radiology International (ARI) has acquired the radiology reporting unit of InHealth Group, the UK’s largest specialist provider of diagnostic and healthcare solutions. ARI, a unit of Apollo Hospitals Group and a...
Medical services provider CareMax files for Chapter 11 restructuring
CareMax, which operates 56 medical centers in Florida, Texas, Tennessee and New York catering largely to older patients, filed for Chapter 11 bankruptcy in Texas on Sunday. The Miami-based firm listed debts of $693...
US sues to block UnitedHealth’s $3.3 bln purchase of Amedisys
The Justice Department and three U.S. states filed a lawsuit on Tuesday to block UnitedHealth Group’s $3.3 billion purchase of Amedisys Inc over concern the deal would harm competition in the market for home...
Cardinal Health acquires GI Alliance, Advanced Diabetes for about $3.9 bln
Cardinal Health said on Monday it acquired majority stakes in GI Alliance (GIA) and Advanced Diabetes Supply Group (ADSG) for about $3.9 billion in an all cash deal. The Dublin, Ohio-based drug distributor has acquired...
TA Associates to acquire majority stake in Vee Healthtek for $250 m
US private equity fund, TA Associates, will acquire the Bengaluru- and US-based revenue cycle management (RCM) services provider Vee Healthtek for $250 million (about Rs 2100 crore), said sources aware of the...
Australia clears Chemist Warehouse-Sigma Healthcare $5.8 bln deal
The Australian competition regulator, on Thursday, cleared privately owned pharmacy chain Chemist Warehouse’s reverse takeover of Sigma Healthcare, paving the way to create an A$8.8 billion ($5.78 billion) entity...
OmniActive Health acquires botanical ingredients company ENovate Biolife
OmniActive Health Technologies, the Mumbai-based nutraceutical maker backed by PE firm TA Associates on Thursday said it has acquired ENovate Biolife, a developer of proprietary, clinically researched botanical...
