Global funds Bain Capital, Blackstone Group, KKR & Co, CVC Capital Partners, GIC and homegrown private equity firm ChrysCapital have been shortlisted for a second round of negotiations to acquire a controlling stake...
Coloplast says reviewing its urology business
Danish medical device maker Coloplast on Tuesday said it is conducting an “unconditional strategic review” of its urology division. The announcement came after Bloomberg on Tuesday reported, citing unnamed sources, that...
Humana says will not bid for Centene Corp
Humana Inc said on Monday it would not bid for Centene Corp, quelling speculation that it would acquire the health insurer that has already agreed to buy smaller rival WellCare Health Plans Inc for $15.27 billion...
Medikabazaar in talks to raise $28 million from Japan’s Mitsui and others
Medikabazaar, an online business-to-business (B2B) platform for medical equipment and supplies, is in talks to raise ₹200 crore from a clutch of venture capital investors in Japan, Belgium and Germany, according to a...
Manipal Hospitals to buy Medanta in Rs 5,800 crore deal
The promoters of leading hospital chain Medanta have agreed to sell the business to Manipal Hospitals for Rs 5,800 crore, said two people aware of the development, ending negotiations that have lasted two years. Besides...
TPG Growth to sell CTSI to Varian Medical for $283 million
TPG Growth, the middle market and growth equity platform of alternative asset firm TPG, will sell its portfolio company Cancer Treatment Services International (CTSI) to New York-based Varian Medical Systems for $283...
Morgan Stanley to invest ₹145 crore in Manipal Health Enterprise
Morgan Stanley India Infrastructure (MSII) on Wednesday committed a ₹145 crore investment in Manipal Health Enterprise, the healthcare arm of Manipal Education and Medical Group, for an undisclosed stake. The tie-up...
Nestle in talks with EQT Partners to sell skin health unit: source
Nestle SA is in exclusive talks with a consortium led by private equity firm EQT Partners for a sale of its skin health unit, according to a source familiar with the matter. EQT is putting the finishing touches to the...
Fresenius talking to potential suitors about sale of blood transfusion business – sources
Fresenius has approached potential suitors about the sale of its blood transfusion business, two people with knowledge of the matter said on Friday. Fresenius has hired Goldman Sachs to explore the sale, the people said...
U.S. judge calls hearing on merger of CVS and Aetna: court filing
A federal judge on Monday ordered up to three days of hearings next month to consider CVS Health Corp’s $69 billion merger with Aetna, which has closed but must still get court approval. Judge Richard Leon U.S. District...
GSK-Pfizer deal gets approval from Australia’s anti-trust watchdog
GlaxoSmithKline’s deal to buy Pfizer’s consumer healthcare business will not lesson competition in Australia, the country’s anti-trust regulator said on Thursday as it approved the deal. The two pharmaceutical giants in...
Brazil healthcare firm Hapvida looking for more acquisitions: CEO
Brazilian healthcare provider Hapvida Participacoes e Investimentos SA will look for more acquisitions in the near future after agreeing to acquire rival group Sao Francisco Saude for 5 billion reais ($1.26 billion)...
