Life sciences private equity firm InvAscent has picked up a significant stake in Rajasthan-based multi-specialty hospital chain Apex Hospitals to help with its expansion. InvAscent has invested $ 30 million (about Rs...
Healthcare
Poly Medicure to fully acquire Citieffe Group at enterprise value of Rs 324 cr
Medical device maker Poly Medicure Ltd on Wednesday said it will fully acquire Italy-based Citieffe Group at an enterprise value of Rs 324 crore (EUR 31 million). The company has signed a definitive agreement to acquire...
Competition Commission clears Apollo Hospital’s group entities restructuring plan
Fair trade regulator CCI on Tuesday approved a multi-layered restructuring plan involving Apollo Hospital’s group entities Apollo Healthco and Keimed, and a wholly-owned subsidiary Apollo Healthtech Ltd. The move...
PE fund KKR closes third buy in Kerala, at Meitra Hospital
Global private equity firm KKR, which had notched a fivefold return in its exit from Max Healthcare, is doubling down on its hospital bets in South India. In its latest move, KKR-owned Kerala hospital chain Baby...
GE Healthcare exploring stake sale in China unit, says reports
Medical device maker GE Healthcare is working with advisers to explore options including the sale of a stake in its China unit, Bloomberg News reported on Thursday, citing people familiar with the matter. A potential...
Metropolis Healthcare acquires Kolhapur-based pathlab chain for ₹17 crore
Mumbai-headquartered diagnostics player Metropolis Healthcare on Thursday announced that it has acquired Kolhapur-based Ambika Pathology Laboratory for a total consideration of Rs 17 crore. The consideration includes a...
UK’s Spire Healthcare says reviewing options, including possible sale
British private hospital group Spire Healthcare said on Thursday it had initiated discussions with several parties to explore strategic options, including a potential sale of the company. The company said the review was...
Roche to acquire liver drug developer 89bio for up to $3.5 billion
Roche has agreed to buy U.S. biotech firm 89bio for up to $3.5 billion to strengthen its development pipeline of liver and cardiometabolic disease treatments, the Swiss drugmaker said on Thursday. The deal would help...
Amazon ropes in Fay to offer dietitian services on telehealth platform
Amazon has teamed up with Fay to provide personalized, insurance-covered dietitian services through the e-commerce giant’s digital health platform, the nutrition care startup said on Tuesday. WHY IT’S...
Novo Holdings in talks to buy into Surya Hospitals
Novo Holdings, a 142 billion euro investment firm that controls drug maker Novo Nordisk, has entered into exclusive talks to acquire a 49% stake in Mumbai-based Surya Hospitals, said people familiar with the matter. A...
Creador to buy 7% stake in pharma company La Renon
Kuala Lumpur-based private equity firm Creador is set to acquire about 7% stake in domestic pharmaceutical company La Renon Healthcare for ₹800 crore, according to people aware of the development. The transaction values...
Cupid announces strategic investment in fragrance brand Mansam
Healthcare products manufacturer Cupid Ltd on Thursday announced that it has signed a term sheet to acquire a strategic stake in Saudi Arabia-based fragrance brand Mansam. The investment is done through a fund structure...
