Fortis Healthcare has sought the Competition Commission of India’s approval for its proposed acquisition of another 31.52% stake in its diagnostics arm, Agilus, from private equity players. In its application to...
EQT to acquire ChrysCap-owned healthcare BPO GeBBS
Swedish Private Equity fund EQT has signed an agreement with homegrown PE fund ChrysCapital to acquire GeBBS Healthcare Solutions, a leading provider of revenue cycle management (RCM) services and risk adjustment...
EQT set to acquire BPO GeBBS from ChrysCapital
Swedish private equity fund EQT is set to acquire Los Angeles-based healthcare BPO company GeBBS Healthcare Solutions, outbidding Hillhouse Investment by a whisker after intense negotiations that lasted for over a week...
Belgium’s UCB to sell China neurology, allergy business for $680 mln
UCB, a Belgian biopharmaceutical firm, said on Monday it would sell its Chinese neurology and allergy business to Singapore-based asset management group CBC and Abu Dhabi sovereign investor Mubadala for $680 million...
Novartis receives binding offer from Siemens Healthineers for molecular imaging business
Swiss drugmaker Novartis said on Saturday it had received a binding offer from Germany’s Siemens Healthineers to acquire its molecular imaging business for Fluorine-18 positron emission tomography, or PET scans...
Birla Fertility acquires IVF chain BabyScience in ₹500-crore push for 100 clinics by FY28
Birla Fertility & IVF has completed the acquisition of BabyScience IVF Clinics, founder Avanti Birla told Mint. The acquisition, its second in three months, will strengthen the company’s presence in the western part...
Evolent Health in sale talks after receiving takeover interest, sources say
Evolent Health is in talks with private equity firms and healthcare services providers for a potential sale, in a process that kicked off after it received takeover interest, people familiar with the matter said on...
Swedish firm Getinge to buy Paragonix Technologies for about $477 mln
Swedish medical equipment maker Getinge said on Thursday it will acquire U.S.-based organ transport company Paragonix Technologies for about $477 million. Getinge will acquire all the issued and outstanding shares of...
J&J to buy medical device maker V-Wave for up to $1.7 bln
Johnson & Johnson said on Tuesday it would buy privately held V-Wave for up to $1.7 billion, the healthcare conglomerate’s second deal this year aimed at boosting its presence in the market for heart disease...
Operation buyout: KKR, TPG, and other PE firms eye purchase of India’s largest cardiac stent maker SMT
KKR, TPG Capital and Apax Partners are among private equity firms that are evaluating a purchase of India’s largest cardiac stent maker Sahajanand Medical Technologies (SMT), valuing the company at about ₹ 3,500...
Botox rival Revance to go private in $924 million deal
Anti-wrinkle injection maker Revance Therapeutics has agreed to be bought by privately held Crown Laboratories in a deal valued at $924 million, including debt, seeking scale to compete better with rivals in the...
Fortis Healthcare to buy out PE funds from diagnostics arm Agilus
Ending years of protracted negotiations, IHH Healthcare-backed Fortis Healthcare is set to acquire the stake of private equity firms in its own diagnostics arm Agilus Diagnostics (formerly SRL), according to sources in...