Health insurer Cigna Corp’s (CI.N) $52 billion acquisition of pharmacy benefits manager Express Scripts Holding Co has passed U.S. antitrust scrutiny, the companies said on Monday, allowing them to proceed with a...
Smiths and ICU Medical healthcare merger talks collapse
British engineering firm Smiths Group Plc (SMIN.L) said on Thursday talks with U.S.-based ICU Medical Inc (ICUI.O) over a possible 7 billion pound-plus ($9.2 billion) merger of their healthcare businesses had fallen...
British healthcare firm BTG buys Irish vascular device maker
British healthcare company BTG Plc (BTG.L) has acquired Irish medical device maker Novate Medical, adding to its portfolio a vascular device for managing blood clots. BTG has paid $20 million in cash to buy Novate, and...
Former Ranbaxy promoter Shivinder Singh drags elder brother Malvinder Singh to NCLT
Former Ranbaxy promoter and founder of Fortis HealthcareNSE -0.10 %, Shivinder Mohan Singh filed a case against elder brother Malvinder Mohan Singh in the National Company Law Tribunal (NCLT), citing oppression and...
Smiths rebuffs ICU’s latest offer for medical division: Sky News
ICU Medical Inc’s (ICUI.O) new offer to buy British engineering firm Smiths Group Plc’s (SMIN.L) medical division for 2.8 billion pounds ($3.60 billion) was rejected by Smiths’ board, Sky News reported on Monday. The...
Manipal to pick up minority stake in Cigna TTK Health Insurance
Manipal Group will be acquiring a 16% stake in healthcare insurance provider Cigna TTK Health Insurance Co. Ltd for an undisclosed amount, the firms announced in a joint statement on Monday. The deal marks Manipal’s...
California hospital chain with ties to billionaire files for bankruptcy
Verity Health System of California Inc, a non-profit operator of six California hospitals managed by billionaire former surgeon Patrick Soon-Shiong’s NantWorks LLC, filed for bankruptcy on Friday to help resolve a cash...
HCA Healthcare to buy North Carolina’s Mission Health for $1.5 billion
HCA Healthcare Inc (HCA.N), the biggest hospital operator in the United States, said on Friday it would buy Mission Health, a non-profit health system in North Carolina, for about $1.5 billion. Under the deal...
Medical device maker Stryker to buy K2M Group for about $1.4 billion
Medical device maker Stryker Corp (SYK.N) said on Thursday it will buy smaller rival K2M Group Holdings Inc (KTWO.O) for about $1.4 billion, adding K2M’s fast-growing spinal implant technology to its business. Stryker’s...
Sterilisation firm Sotera Health explores sale for nearly $5 billion – sources
Sotera Health, a private-equity owned company that operates facilities that sterilise medical products and food, is exploring a potential sale worth as much as $5 billion including debt, people familiar with the matter...
Swedish healthcare firm Capio to sell French business to Vivalto Sante
Swedish healthcare company Capio (CAPIO.ST) plans to sell its French business to Vivalto Sante in a deal worth up to 455 million euros ($520 million) to focus on its less capital intensive Nordic operations. Capio...
Malaysia’s IHH Healthcare to exit Kolkata’s Apollo Gleneagles Hospitals
Malaysian hospital chain IHH Healthcare, which won the bid for debt-ridden FortisNSE -0.47 % Healthcare, will sell its 50 per cent stake in Apollo Gleneagles Hospitals in Kolkata and its radiology centre in Hyderabad to...
