Ranjan Pai-led Manipal Hospitals, together with its investors TPG Capital and Temasek, is inching closer to acquiring Medanta hospitals owner Global Health at a valuation of Rs 5,800-6,000-crore, as consolidation frenzy...
Walgreens, Humana in talks to take stakes in each other: WSJ
Drugstore owner Walgreens Boots Alliance Inc and health insurer Humana Inc are in preliminary discussions to take equity stakes in each other, the Wall Street Journal reported on Tuesday, citing people familiar with the...
Colfax churns its business with $3.15 billion purchase of medical device maker
Colfax Corp (CFX.N) made a big bet on the medical device industry with its $3.15 billion purchase of DJO Global Inc, but its shares fell 15.2 per cent as investors worried about its shift away from its industrial roots...
Radiant Life in talks to take over operations at Jaslok Hospital
Radiant Life Care Pvt. Ltd is in talks to take over the operations and management (O&M) of Mumbai’s Jaslok Hospital, two people close to the development said. Mumbai-based Radiant, which develops, manages and...
Apollo Hospitals to divest front-end pharmacy business
Apollo Hospitals Enterprise NSE 2.25 % said Wednesday it is divesting its front-end pharmacy business to Apollo Pharmacy Ltd for a lump sum cash consideration of Rs 527.8 crore as part of a restructuring exercise. The...
IHH Healthcare completes Fortis deal by acquiring 31% stake
Malaysia’s IHH Healthcare Bhd has become the controlling shareholder of Fortis Healthcare Ltd by acquiring a 31.1% stake in the company. Fortis Healthcare also appointed four persons from IHH Healthcare to its board in...
Veritas Capital, Elliott clinch $5.5 billion acquisition of Athenahealth: sources
Private equity firm Veritas Capital and hedge fund Elliott Management have agreed to acquire U.S. healthcare software maker Athenahealth Inc for $5.5 billion in cash, people familiar with the matter said on Sunday...
Unichem acquires 19.99% stake in two Optimus group firms for Rs 120 crore
Unichem Laboratories has acquired a 19.99% stake each in two different companies of the Optimus Group — Optimus Drugs and Optrix Laboratories — for nearly Rs 120 crore with the key objective of gaining access to the...
Nephroplus takes over DaVita Care India
Dialysis service provider NephroPlus on Monday announced the acquisition of DaVita Care India, which runs kidney care centers. NephroPlus, which has 154 dialysis centres in 92 cities across India would foray into global...
Veritas Capital, Elliott close to deal to buy Athenahealth: source
Private equity firm Veritas Capital has teamed up with hedge fund Elliott Management Corp in a bid to buy U.S. healthcare software maker Athenahealth Inc (ATHN.O), and is close to sealing an agreement, a person familiar...
IHH Healthcare gets CCI nod to acquire Fortis Healthcare
The Competition Commission of India (CCI) has given its approval to IHH Healthcare’s acquisition of a controlling stake in Fortis HealthcareNSE 1.94 %, the second largest hospital chain in the country, two people...
J&J makes $2.1 billion offer to buy out Japan cosmetics firm Ci:z
U.S. healthcare conglomerate Johnson & Johnson said on Tuesday it will buy all outstanding shares of Japanese skincare firm Ci:z Holdings Co Ltd that it does not already own for 230 billion yen ($2.05 billion) in...
