Nine months after selling a controlling stake in cancer care hospital chain Healthcare Global (HCG) to private equity giant Kohlberg Kravis Roberts (KKR), CVC Capital is planning to exit its remaining stake via a block...
Healthcare
Sequent and Viyash Life merger plan gets shareholder approval
The proposed merger of Carlyle portfolio companies Sequent Scientific and Viyash Life Sciences has got overwhelming support from shareholders, the company’s management told ET. It secured approval from 99.98% of...
Poly Medicure to acquire Netherlands-based PendraCare for ₹188.5 crore
Poly Medicure (Polymed), a domestic medical device manufacturer, has signed definitive agreements to acquire a 90 per cent stake in Netherlands-based PendraCare Group, which includes PendraCare Holdings and Wellinq...
CCI clears Manipal Hospitals’ proposal to acquire Sahyadri Hospitals
Competition watchdog CCI on Tuesday cleared healthcare major Manipal Hospitals’ proposal to acquire Pune-based Sahyadri Hospitals from global investor Ontario Teachers’ Pension Plan Board in a deal estimated...
CapVest to acquire majority stake in Stada, ending German firm’s IPO plans
London-based buyout firm CapVest Partners is to acquire a majority stake in Stada Arzneimittel, the German generic drugmaker said on Monday, in what is set to be one of the biggest takeover deals in Europe this year...
Cardinal Health to buy Solaris Health for $1.9 billion, posts weak results
Cardinal Health said on Tuesday it will buy healthcare management firm Solaris Health for $1.9 billion in cash, as the drug distributor looks to expand its specialty business. Shares of Ohio-based Cardinal fell nearly...
Singapore’s Temasek-backed entity to acquire 16% stake in Ayala’s healthcare arm
AC Health, the healthcare arm of the Philippines’ oldest conglomerate Ayala Corp, said on Monday that a private equity firm backed by Singapore’s state-investor Temasek will acquire a 16% minority stake in...
UnitedHealth to sell off 164 locations to settle US challenge to Amedisys deal
UnitedHealth Group has agreed to sell off 164 hospice and home health locations to resolve U.S. antitrust concerns over its $3.3 billion acquisition of Amedisys, the U.S. Justice Department said on Thursday. The Justice...
FTC seeks to block Edwards Lifesciences’ acquisition of JenaValve
The U.S. Federal Trade Commission has sued to block Edwards Lifesciences Corp’s acquisition of JenaValve Technology Inc, saying in a lawsuit filed in Washington on Wednesday that the merger would decrease...
Manipal Hospitals seeks CCI nod to acquire Sahyadri Hospitals for about Rs 6,400 cr
Healthcare major Manipal Hospitals has sought approval from the fair trade regulator CCI to acquire Pune-based Sahyadri Hospitals from global investor Ontario Teachers’ Pension Plan Board in a deal pegged at...
Jashvik Capital acquires Rs 400 crore stake in Marg ERP
Jashvik Capital has acquired an undisclosed stake in Marg ERP for Rs. 400 crore, as per a joint press release from the two parties. Founded in 2000 by Anup Singh Thakur, Sudhir Singh Thakur, and Mahendar Singh, Marg ERP...
CapVest eyes majority stake in German drugmaker Stada, Bloomberg News reports
London-based buyout firm CapVest Partners is in talks to acquire a majority stake in German drugmaker Stada Arzneimittel, Bloomberg News reported on Tuesday. The deal would value Stada Arzneimittel at about 10 billion...
