Australian hospital operator Healthscope (HSO.AX), which recently rejected two takeover approaches, plans to inject A$1 billion ($731.6 million) of its property assets into a trust and sell nearly half of that to an...
ChrysCapital in advanced talks to buy stake in Dr Agarwal’s Health Care
Homegrown private equity fund ChrysCapital is in advanced talks to acquire a minority stake in Dr Agarwal’s Health Care Ltd, a leading eyecare chain. ChrysCap will invest about Rs 200-250 crore, according to two people...
Best Buy to acquire health services company GreatCall for $800 million
Best Buy Co Inc said on Wednesday it would buy health services provider GreatCall Inc for $800 million in cash, its largest acquisition ever, as it focuses on selling products and services to an aging U.S. population...
Fortis Healthcare shareholders approve stake sale to Malaysia’s IHH
After multiple bidding and layers of scrutiny, shareholders on Tuesday approved acquisition of Fortis Healthcare by Malaysia’s IHH Healthcare. On July 13, Malaysia’s IHH Healthcare Berhad outbid the Manipal...
Cadila Healthcare to buy 51% stake in Windlass for ₹155.55 crore
Drug firm Cadila Healthcare on Monday said it will acquire 51% stake in Windlass Healthcare for ₹155.55 crore. “Objective of this investment is to expand pharma manufacturing footprint,” Cadila said. Cadila Healthcare...
Bain Capital joins KKR in race for Max Healthcare stake
Bain Capital Private Equity has joined the race with US private equity firm KKR and its Indian hospital chain partner Radiant Life Care to buy a 47% stake in Max Healthcare from South Africa’s Life Healthcare for...
Rite Aid, Albertsons Scrap Deal Amid Criticism Ahead of Vote
Rite Aid Corp. and Albertsons Cos. agreed to scrap a merger that would have helped reshape the U.S. retail and health-care industries, as opposition to the transaction increased before a shareholder vote. “While we...
John Abraham picks up stake in GNC franchise partner
Bollywood actor John Abraham has picked up a minority stake in Guardian Healthcare, the master franchise partner of US-based health and nutrition company GNC in India. Abraham, a model turned actor and producer, joins a...
Healthcare firm Grifols S.A. wins U.S. antitrust nod to buy Biotest US Corp
Global healthcare company, Grifols S.A. (GRLS.MC), which is based in Spain, has won U.S. antitrust approval to buy Biotest US Corp on condition that it sells certain assets, the Federal Trade Commission said on...
German clinic chain Median put up for sale: sources
Dutch private equity group Waterland is launching the sale of Median Kliniken, Germany’s largest private-sector chain of post-acute care clinics, in a deal potentially worth more than 1 billion euros ($1.17 billion)...
SAIF, Nexus, others invest $11 million in LifCare
Subscription-based online pharmacy LifCare has raised $11 million in a Series B round led by existing investors SAIF Partners and Nexus Venture Partners, said a senior company executive on Tuesday. New investor...
IHH may merge existing India hospital portfolio with Fortis Healthcare
Asia’s largest private healthcare provider, Malaysia headquartered IHH Healthcare, which was recently picked as the winning bidder in the hotly contested race for a controlling interest in Fortis HealthcareNSE 1...
