Bengaluru-based Aster DM Healthcare and Hyderabad-based Care Hospitals plan to join hands next month in a marriage blessed by private equity giant Blackstone, two people aware of the matter said. While Aster DM promoter...
Unaprime buys Tata Healthcare’s 43.5% in Lokmanya Hospitals
Unaprime has bought out Tata Healthcare Fund’s 43.5% stake in Maharashtra-based Lokmanya Hospitals, said the financial investment advisory company’s co-founder Deep Mishra. It also purchased shares from...
TA Associates, 2 others offer to buy into Eye Foundation
TA Associates, Multiples PE and KKR have submitted non-binding offers to pick up about 25% stake in Coimbatore-headquartered Eye Foundation at a valuation of ₹3,360 crore, according to sources. The offers are for a ₹830...
General Atlantic, other PE funds in talks for majority stake in AIMS
General Atlantic and KKR are among 4-5 private equity firms competing for a majority stake in Faridabad-based hospital chain Asian Institute of Medical Sciences (AIMS), said people aware of the matter. A potential deal...
Mankind Pharma to acquire 100% stake in Bharat Serums & Vaccines
Mankind Pharma has emerged as the frontrunner to acquire Bharat Serums & Vaccines (BSV), backed by Advent International, the company announced on Thursday. “Mankind Pharma Limited has entered into a definitive...
MGM Healthcare promoter acquires Vizag’s SevenHills Hospital under IBC
MK Rajagopalan, the promoter of Chennai-based MGM Healthcare, has acquired the 300-bed SevenHills Hospital in Visakhapatnam under the Insolvency and Bankruptcy Code (IBC) process. The Amravati bench at Mangalagiri of...
Glenmark Pharma to offload 7.84% stake in Glenmark Life Science through OFS
Glenmark Pharma board has approved the sale of a 7.84 per cent stake, which is equivalent to 96,09,571 equity shares, in Glenmark Life Sciences, the company said in an exchange filing on June 10. The stake will be sold...
Apollo Hospitals to acquire Rs 103.2 crore stake in subsidiary Apollo Health
Apollo Hospitals Enterprises has announced that it will acquire a stake worth Rs 103.2 crore in its subsidiary company, Apollo Health and Lifestyle. This acquisition, aggregating Rs 1032.60 million (or Rs 103.2 crore)...
Carlyle in talks to buy Baxter’s kidney care unit, source says
Private equity firm Carlyle Group is in exclusive talks to acquire Baxter International’s kidney care spinoff Vantive for more than $4 billion, including debt, a person familiar with the matter told Reuters on...
Carlyle, CVC & Hillhouse in the fray for GeBBS
Global private equity firms including Carlyle Group, Hillhouse Investment and CVC Capital Partners have been shortlisted to acquire ChrysCapital-owned GeBBS Healthcare Solutions, said people familiar with the...
Temasek may buy ₹900 crore stake in medical equipment firm Tynor
Temasek, the private equity (PE) arm of the Singapore government, is the front runner to acquire significant minority stake in Tynor Orthotics, a Mohali, Punjab-based medical equipment maker, according to three people...
KKR set to acquire Kerala’s Baby Memorial Hospitals, make a comeback in hospital segment
KKR & Co is all set to make a comeback in the Indian hospital sector two years after its mega exit — it’s most profitable so far — from Max Healthcare as the buyout fund is all set to acquire...
