AstraZeneca is plowing deeper into cancer immunotherapy through a wide-ranging deal with Innate Pharma, which includes the British group buying a 9.8 percent stake in the French biotech company. Tuesday’s agreement is a...
Manipal eyes Medanta after failed Fortis Healthcare bid
The TPG Capital and Manipal Health Enterprises combine is in talks to buy a majority stake in hospital operator Medanta from heart surgeon Naresh Trehan and other investors, two people close to the development said...
Medical transport company Providence Service explores sale: sources
Providence Service Corp, the largest provider of non-emergency medical transportation services in the United States, is exploring a sale after attracting interest from private equity firms, three people familiar with...
Ambea to buy Aleris’ Nordic care business in SEK 3 billion deal
Sweden’s Ambea (AMBEA.ST) said on Tuesday it was buying rival Aleris’ (INVEb.ST) care operations – primarily nursing homes and assisted living – in Sweden, Denmark and Norway for an estimated 3 billion...
Dr Reddy’s to sell Hyderabad API unit to Therapiva
Drug major Dr Reddy’s Laboratories (DRL) Monday said it will sell its active pharmaceutical ingredient (API) business unit in Hyderabad to generics pharmaceutical company Therapiva Private Ltd. In a regulatory filing...
CVS, Aetna win U.S. approval for $69 billion deal
Pharmacy chain CVS Health Corp won U.S. antitrust approval for its $69 billion acquisition of health insurer Aetna Inc, the Justice Department said on Wednesday, paving the way for a combination with potential to cut U...
Home healthcare provider Civitas explores potential sale – sources
Civitas Solutions Inc (CIVI.N), a U.S. provider of home and community health services to people with disabilities, is exploring strategic alternatives, including a potential sale, people familiar with the matter said on...
Oppenheimer Fund sells 1.4 mn Apollo Hospitals shares, worth Rs 1.46 bn
Global investment firm Oppenheimer Funds Inc has sold 1.4 million equity shares in Apollo Hospitals Enterprise Ltd for a cumulative amount of Rs 1.46 billion. In another bulk deal in BSE, Wellington Trust Company, an...
Britain’s BMI Healthcare close to £2 billion restructuring deal: source
Britain’s largest private healthcare group, BMI Healthcare, is nearing a 2 billion pounds ($2.64 billion) restructuring deal that could cut millions of pounds from its annual rent bill, a person familiar with the matter...
Asia Healthcare in final talks to buy Nova IVI fertility
Asia Healthcare Holdings, the platform backed by global investors TPG Growth and Temasek Holdings, is all set to acquire Nova IVI Fertility, one of the largest operators of fertility clinics in India, in a deal said to...
KKR-Radiant buys 49.7% stake in Max Health for $293 million
South Africa-based hospital group Life Healthcare has sold its entire 49.7% stake in Max Health to Mumbai-headquartered Radiant Hospital backed by private equity player KKR for $293 million, a move that makes Radiant a...
Daiichi intervenes in HDFC’s insolvency case against Singh brothers
Daiichi Sankyo has objected to HDFC Ltd’s insolvency case against the holding company of former FortisNSE 0.11 % promoters, Malvinder and Shivinder Singh, stating it would affect the Japanese drug maker’s...
