NMC Health, the UAE healthcare company, has hired Moelis & Co to advise on a debt restructuring, three sources familiar with the matter said on Sunday. The sources said NMC had hired Moelis in relation to its...
True North scouts for acquisitions in orthopaedics and gynaecology space
Homegrown private equity (PE) player True North is scouting for acquisitions in the orthopaedics and gynaecology space to build its domestic formulations portfolio. The PE operates in this space through its portfolio...
German hospital firm Asklepios to takeover Rhoen to vie with Fresenius
Unlisted German hospital chain Asklepios outlined plans to take over peer Rhoen Klinikum in a 1.2 billion euro ($1.3 billion) deal, a move that would help it compete with larger rival Helios, a unit of Fresenius...
Thai hospital operator BDMS makes $3 billion bid for Bumrungrad
Thailand’s largest hospital operator Bangkok Dusit Medical Services Pcl (BDMS) said on Thursday it planned to make an offer worth up to 102 billion baht ($3.2 billion) for the shares in Bumrungrad Hospital it does not...
Chandigarh NCLT approves Hindustan Unilever, GSK Consumer Healthcare merger
FMCG major Hindustan Unilever Ltd (HUL) on Wednesday said the Chandigarh bench of National Company Law Tribunal (NCLT) has approved the scheme of amalgamation for the merger of the company and GlaxoSmithKline Consumer...
Australia’s Healius gets $1.4 billion buyout offer from Swiss private equity Partners Group
Australia’s Healius Ltd on Tuesday said private equity firm Partners Group had offered to acquire the medical center operator for A$2.12 billion ($1.40 billion). The Swiss private equity firm offered A$3.40 per share in...
Healthtech startup Innovaccer raises $70 million from Tiger Global, Steadview Capital, others
Healthcare technology company Innovaccer Inc. has raised $70 million in a Series C funding round from Steadview Capital, Tiger Global, Dragoneer, Westbridge, Mubadala and M12 (Microsoft’s venture fund). With this round...
CitiusTech earmarks $100 million for acquisitions across geographies
Mumbai-based healthcare technology company CitiusTech has earmarked $100 million for potential acquisitions, co-founder and CEO Rizwan Koita said in an interview. CitiusTech, which was acquired by Baring Private Equity...
Global PEs eye stake in OmniActive
Global private equity investors Goldman Sachs, L Catterton and TPG are in early stages of discussion to acquire a minority stake in Mumbai-based nutraceutical ingredients player OmniActive Health Technologies. The funds...
Crysta raises ₹10-crore funding
Crysta has raised ₹10 crore in a Pre-Series A funding round led by the family office of Ruchirans and Anuraag Jaipuria. The investors also including Mumbai-based Green Shots Capital and Alfa Ventures, Delhi-based Real...
Piramal sells healthcare analytics subsidiary DRG to Clarivate for $950 mn
Piramal Enterprises Ltd (PEL) on Friday said that it would sell its healthcare insights and analytics business Decision Resources Group (DRG) to Nasdaq listed Clarivate Analytics for $950 mn. The company said it was a...
Metropolis Healthcare signs binding agreement to buy Shraddha Diagnostics
Leading pan-India pathology specialist Metropolis Healthcare Ltd. has signed a binding agreement to acquire Ahmedabad-based Shraddha Diagnostics Pvt Ltd. With this acquisition, Metropolis has expanded its lab footprint...
