British drugmaker GSK said it plans to sell about 385 million shares, representing its entire shareholding, in spun-off consumer healthcare business Haleon. The latest offload will mark the fourth set of disposal GSK...
ChrysCapital invests $100 million in eyecare chain Centre for Sight
Homegrown private equity firm ChrysCapital is set to invest up to $100 million in New Delhi-based Centre for Sight for a “significant” minority stake, in a deal that will value the eyecare chain at $350-400...
J&J to exit spinoff Kenvue with latest stake sale
Tylenol maker Kenvue said on Monday that Johnson & Johnson will sell its remaining 9.5% stake in the company, about a year after the healthcare conglomerate spun off and listed its consumer health business. Based on...
Birla unit acquires ARMC IVF Fertility Centre to foray into South Indian market
Birla Fertility & IVF, a part of C K Birla Group, on Wednesday said it has forayed into the South Indian market with the acquisition of ARMC IVF Fertility Centre for an undisclosed amount. Currently, Birla Fertility...
Bankrupt Steward Health puts its hospitals up for sale, discloses $9 bln in debt
Bankrupt Steward Health Care has put all of its 31 U.S. hospitals up for sale, hoping to finalize transactions by the end of the summer to address its $9 billion in total liabilities, its attorneys said at a Tuesday...
KKR wins bidding war to acquire medical devices firm Healthium
US private equity firm KKR & Co. has agreed to acquire Bengaluru-headquartered Healthium Medtech Ltd from UK private equity firm Apax Partners for an undisclosed sum. The acquisition will be made by a special...
KKR to buy Healthium Medtech for Rs 7000 cr from Apax
KKR is all set to acquire Healthium Medtech (formerly Sutures India) from private equity owner Apax Partners for an enterprise value of Rs 7,000 crore ($840 million), said people aware of the matter. This follows a...
Quadria cap picks up minority stake in NephroPlus
NephroPlus, India’s largest dialysis chain, said it has raised $103 million (₹860 crore) in a Series F funding round from Quadria Capital through a mix of fresh capital infusion and a secondary sale aimed at...
KKR, Novo Nordisk, others bid for Healthium buy
Global private equity major KKR and pharma major Novo Nordisk have submitted final bids to acquire surgical sutures firm Healthium Medtech, three people with knowledge of the development said on condition of anonymity...
Temasek may bid for CVC’s 60% stake in Healthcare Global
Singapore’s Temasek Holdings may bid for CVC Capital Partners’ controlling stake in listed hospital chain Healthcare Global Enterprises Ltd, two people aware of the development said. Other potential...
Manipal Hospitals to acquire Kolkata’s Medica Synergie
Manipal Hospitals, the second-largest hospital chain in India, has acquired 87% stake in Kolkata-based hospital chain Medica Synergie, stated a press release. This acquisition is in line with Manipal Hospitals’...
Apollo Hospitals share price falls 8% post stake sale and Keimed merger
Shares of Apollo Hospitals on Monday fell up to 8% to the day’s low at Rs 5,738 on BSE after the company’s subsidiary Apollo HealthCo (AHL) agreed to sell a 16.8% stake for Rs 2,475 core ($300mn) to Advent...
