Yatharth Hospital and Trauma Care Services said its board has approved the acquisition of 60 per cent stake in a Faridabad-based hospital, which is yet to commence operations, at an enterprise value of Rs 152 crore. The...
Fortis Healthcare gets CCI nod to acquire additional stake in Agilus Diagnostics for Rs 1,780 cr
The competition watchdog CCI on Tuesday approved Fortis Healthcare’s proposal to acquire an additional 31.52 per cent stake in Agilus Diagnostics. Multi-speciality hospital chain Fortis Healthcare Ltd (FHL) is...
Abhay HealthTech acquires MNP Healthcare to expand footprint in OTC segment
Abhay HealthTech on Saturday announced the acquisition of consumer healthcare products manufacturer MNP Healthcare for an undisclosed amount. The strategic acquisition of MNP Healthcare is a significant milestone in...
Merck buys cancer therapy developer Modifi Biosciences for up to $1.3 bln
Merck has acquired Modifi Biosciences for as much as $1.3 billion, gaining access to its experimental cancer therapies, the privately held biotech firm said on Wednesday. As part of the deal, the U.S. drugmaker paid $30...
Manipal HealthMap acquires iGenetic Diagnostics
Manipal HealthMap, the diagnostics arm of Manipal Group, on Tuesday said it has fully acquired Mumbai-based iGenetic Diagnostics for an undisclosed amount. With the acquisition, the company is set to strengthen its...
Cigna resumes mega merger talks with rival health insurer Humana, Bloomberg News reports
U.S. health insurer Cigna Group has revived efforts to merge with smaller rival Humana after abandoning the pursuit late last year, Bloomberg News reported on Friday, citing people familiar with the matter. The...
SeaLink, promoter plan to sell majority stake in Surya Hospital
Private equity firm SeaLink Capital Partners and the promoter of Surya Children’s Medicare are looking to sell a majority stake in western India’s largest children’s hospital chain, said people aware...
Marengo Asia eyes rights issue, stake sale to fund growth
Multi-specialty hospital platform Marengo Asia Healthcare is exploring a rights issue and the possibility of roping in an external investor as it looks to expand bed capacity to 3,000 by the end of 2026, a top executive...
Temasek-backed Manipal Health buys hospital in Mumbai’s Andheri for Rs 415 cr
Singapore’s global investment company Temasek Holdings-backed Manipal Health Enterprises’ Manipal Hospitals has acquired a five-storey hospital property in Mumbai’s western suburb Andheri for Rs 415 crore...
CD&R nears deal to buy Sanofi’s consumer unit for $16 bln, source says
Sanofi is closing in on a deal to sell its consumer health unit for about 15 billion euros ($16.4 billion) to U.S. private equity firm Clayton Dubilier & Rice (CD&R), a person familiar with the matter told...
ChrysCap set to take a bite of nutraceuticals co HealthKart
ChrysCapital is set to acquire about 20% stake in Bright Lifecare that runs omnichannel health products store HealthKart, valuing the business around $450 million (₹3,700 crore). The talks are in final stages and the...
Evexia Lifecare Embarks on Global Expansion Spree with Strategic Acquisitions in Healthcare
The company invests an enormous Rs190 crores in the healthcare industry of the United Arab Emirates and acquires 51% share in Vittal’s MediCare. Evexia Lifecare Limited, a leading name in the pharmaceutical and...
