Elanco Animal Health has won U.S. antitrust approval to buy Bayer AG’s animal health business on condition that it sell assets to treat three ailments, two in dogs and one in cattle, the Federal Trade Commission said on...
Elanco to divest brands, forgo Canadian rights for Bayer’s unit deal
Elanco Animal Health Inc has decided against acquiring Bayer AG’s Canadian distribution rights to several poultry insecticides, Canada’s Competition Bureau said on Tuesday, as it looks to complete a $7.6-billion deal...
MultiPlan merges with Churchill Capital to go public in $11 billion deal
Churchill Capital Corp III, a special purpose acquisition company (SPAC), and MultiPlan Inc said they have reached a definitive agreement to merge in a deal worth about $11 billion that will take the U.S. healthcare...
Bain Capital extends deadline for Japan’s Nichiigakkan bid for second time
U.S. buyout fund Bain Capital said on Thursday it had extended its deadline for a $1 billion buyout offer for Japanese nursing home operator Nichiigakkan Co for a second time. Bain’s bid to buy all of Nichiigakkan’s...
Major Qiagen shareholder demands higher bid from Thermo Fisher – source
The coronavirus pandemic has boosted Qiagen’s prospects and a takeover by Thermo Fisher no longer makes sense unless the offer is increased substantially, one of the German genetic test maker’s top ten shareholders told...
HUL completes acquisition of female hygiene brand VWash from Glenmark
Leading FMCG player Hindustan Unilever (HUL) on Friday said it has completed the acquisition of VWash from pharma major Glenmark Pharmaceuticals. The company, however, did not disclose the value of the transaction. The...
Carlyle picks up 20% stake in Piramal pharma biz for $490 mn
Carlyle has agreed to pick up a significant minority stake in Ajay Piramal’s pharma business for $490 million trumping rival private equity peers KKR and TA Associates. The 20% stake sale values Piramal’s pharma...
NMC administrators consider sale of international fertility business: sources
The administrators of hospital operator NMC Health are weighing the sale of the company’s international fertility business, which could be worth more that $500 million, sources familiar with the matter said on Wednesday...
Max promoters to sell stake in financial and healthcare business to reduce debt
Promoters of Analjit Singh-led Max Group plan to raise ₹2,300 crore by selling their stakes in the group’s healthcare and financial services companies, two people aware of the matter said, adding they have already sold...
SAIL partners with Apollo Hospitals for healthcare services to employees, their families
State-owned Steel Authority of India Ltd (SAIL) on Wednesday said it has tied up with Apollo Hospitals to provide healthcare services to its employees and their families amid the COVID-19 pandemic. Earlier, the company...
HealthPlix Technologies raises $6 mln in Series B round led by JSW Ventures
Healthtech startup HealthPlix Technologies has raised $6 million as a part of its Series B round, led by JSW Ventures. Existing investors Chiratae Ventures and Kalaari Capital also participated in the round. With this...
Elanco wins conditional EU antitrust okay for $7.6 billion Bayer deal
Elanco Animal Health secured EU antitrust clearance on Monday to buy Bayer’s veterinary drugs unit after pledging to sell some products to address competition concerns about the $7.6 billion deal. The European...
