Piramal Enterprises Ltd. has put up 20% equity in its healthcare vertical for sale, seeking to expand the business. PEL wants to accelerate growth for its healthcare division through acquisitions that will expand its...
Quadria Capital buys Samara’s 14% stake in AIG Hospitals
Healthcare-focused Asian PE fund Quadria Capital has acquired a minority stake in AIG Hospitals, Hyderabad based hospital group with over 1000 beds capacity and serving over 600,000 patients annually. Quadria has...
GSK weighs multi-billion new year bonanza by cashing out HUL stake
GlaxoSmithKline (GSK) Plc is exploring its exit from Hindustan Unilever Limited (HUL), the Indian unit of Unilever Plc, early in the New Year, said people with knowledge of the matter. This comes about a year after the...
Australia’s National Veterinary Care in deal to be acquired for $168 million
Australia’s National Veterinary Care Ltd said on Monday it entered into an initial agreement to be acquired by a veterinary clinic chain operator, in a deal valued at A$248.4 million ($168.56 million). Under the deal...
Centerbridge explores sale of Versant Health: sources
Private equity firm Centerbridge Partners LP is exploring a sale of Versant Health in a deal which could value the U.S. managed vision care benefits company at more than $2 billion, including debt, people familiar with...
Starboard picks stake in Mednax, calls for co’s sale: WSJ
Activist investor Starboard Value LP is pushing healthcare service provider Mednax Inc to sell all or part of itself, reported the Wall Street Journal citing people familiar with the matter. Starboard, which acquired a...
Diplomat Pharmacy agrees to $300 million buyout by UnitedHealth
Diplomat Pharmacy Inc on Monday agreed to UnitedHealth Group Inc’s over $300 million buyout offer, weeks after it warned of its inability to pay off some of its debt amid intense competition in the pharmacy benefits...
Sanofi to sell surgical product unit Seprafilm to Baxter for $350 mn
Medical supply company Baxter International said on Monday that it had agreed to buy Sanofi’s Seprafilm unit, which makes specialist surgical products, for $350 million in cash. The deal should close by the end of...
Mexico’s Femsa in talks to acquire Brazilian drugstore chain DPSP – report
Mexico’s Femsa is in talks to acquire Brazilian drugstore chain DPSP, Brazilian financial blog Brazil Journal reported on Monday, citing people with knowledge of the matter. DPSP is one of Brazil’s largest drugstore...
Activist investor Starboard takes stake in CVS: WSJ
Activist investor Starboard Value LP has taken a stake in CVS Health Corp and held talks with the drugstore chain’s management, the Wall Street Journal reported on Monday, citing people familiar with the matter. The...
Activist investor Starboard takes stake in CVS: WSJ
Activist investor Starboard Value LP has taken a stake in CVS Health Corp and held talks with the drugstore chain’s management, the Wall Street Journal reported on Monday, citing people familiar with the matter. The...
Amar Ujala buys majority stake in Cygnus Medicare for Rs 130 crore
Leading media firm Amar Ujala Ltd has acquired a majority stake in Cygnus Medicare, which operates a chain of super specialty hospitals, for around Rs 130 crore as part of its expansion plans in the healthcare segment...
