Shares of Thyrocare Technologies hit a 21-month high of Rs 722 as they rallied 12 per cent on the BSE in Wednesday’s intraday trade amid heavy volumes, after the company completed the acquisition of Think Health...
R1 RCM majority shareholders consider taking company private
A group of R1 RCM’s investors is considering taking the healthcare services provider private, according to a regulatory filing on Monday, sending shares of the company up as much as 31%. The investor group, led by...
HCG stake sale: A big acquisition deal likely coming up for HCG as EQT, TPG and KKR eye majority stake
Global buyout funds EQT (formerly Baring PE Asia-EQT), TPG Capital and KKR are among those evaluating the acquisition of a controlling stake held by CVC Capital in Bengaluru-based specialty cancer hospital chain...
Max Healthcare Institute acquires Alexis Multi-Speciality Hospital
Max Healthcare Institute Ltd said it has acquired 99.90 per cent stake in Nagpur-based Alexis Multi-Speciality Hospital Pvt Ltd for an enterprise value of Rs 412 crore. Subsequently, Alexis Multi Speciality Hospital has...
Gilead to buy CymaBay for $4.3 bln in bets on liver disease treatment
Gilead Sciences has agreed to buy CymaBay Therapeutics for $4.3 billion, gaining access to an experimental liver disease treatment with blockbuster potential as the U.S. drugmaker looks beyond its older HIV drugs for...
Yatharth Hospital acquires Faridabad based hospital for Rs 116 crore
Hospital chain Yatharth Hospital and Trauma Care Services on Sunday announced the acquisition of 175-bedded Faridabad-based multi-specialty Asian Fidelis Hospital for Rs 116 crore in an all cash deal. Yatharth Hospital...
Max Healthcare acquires Nagpur-based Alexis hospital for Rs 412 crore
Max Healthcare, one of India’s largest private healthcare providers on Friday said it has entered Nagpur, Maharashtra through acquisition of 200 bedded Alexis Multi-Speciality Hospital Rs 412 crores in an all cash deal...
Mubadala buys into Manipal Health Enterprises
Mubadala Investment Company will acquire a minority stake in India’s second largest hospital chain Manipal Health Enterprises (Manipal), said a press statement. Temasek, a Singapore government fund and the...
Temasek sells minority stake in Manipal Hospitals
Singapore based sovereign wealth fund Temasek said it has reduced its stake by 8% in Manipal Health Enterprises, after a year it took control of India’s second largest hospital chain, sources told ET. Temasek will...
Cigna sells Medicare business to Health Care Service for $3.3 bln
Insurer Health Care Service Corp said on Wednesday it would buy Cigna’s Medicare business that manages government-backed health insurance for people aged 65 and older for $3.3 billion in cash. The sale consists of...
Bajaj Finserv health arm acquires Vidal Healthcare valued at Rs 325 crore
Bajaj Finserv Health, a wholly-owned subsidiary of Bajaj Finserv, on Tuesday acquired an entire stake in Vidal Healthcare Services at an enterprise value of Rs 325 crore. The Pune-based healthtech firm has a network of...
NCLT admits Four Care Hospital on StanChart Bank’s application
The Mumbai bench of the National Company Law Tribunal (NCLT) has admitted city-based Four Care Hospital under the Corporate Insolvency Resolution Process (CIRP) in an application filed by Standard Chartered Bank. The...
