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...
GTCR to Acquire Zentiva in $4.8 Billion Deal
Private equity firm GTCR has agreed to acquire Czech generic drugmaker Zentiva from Advent International in a transaction valued at €4.1 billion ($4.8 billion), according to reports in the Financial Times. The deal...
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...
Tega Industries and Apollo Funds to buy Molycop for $1.5 bn
Tega Industries has agreed to acquire control of Omaha-based mining equipment maker Molycop at an enterprise valuation of $1.5 billion. The Kolkata-based manufacturer of mining and mineral processing gears will acquire...
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...
CVC Capital to exit Healthcare Global via ₹550 crore block deal
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...
Bain Capital drops Whirlpool of India plan, EQT lone contender for stake buy
Buyout group Bain Capital has dropped out of the two-horse race for acquiring a 31% controlling stake in Whirlpool of India, the listed local arm of the US appliances giant. This leaves EQT as the sole contender for the...
Cupid acquires strategic stake in Arabian luxury fragrance brand ‘Mansam’
Cupid has entered into a Term Sheet to acquire a strategic stake in Mansam, a Saudi Arabian fragrance brand promoted by Key Notes Trading LLC, through a fund structure managed by GII lnvestment Management. Mansam...
Japan’s Sumitomo Mitsui to exit Kotak ahead of Yes Bank stake purchase
Japan’s Sumitomo Mitsui Banking Corp. (SMBC) plans to sell its stake in Kotak Mahindra Bank, likely to avoid any conflict of interest after getting the regulatory nod to buy nearly 25% in Yes Bank. The foreign lender...
Hunch Ventures takes over Jamie Oliver India restaurants
Global investment firm Hunch Ventures is acquiring casual and fine-dine chain Jamie Oliver Restaurants in India from London-based consumer investor platform International Market Management (IMM) which held 51% stake in...
Astral’s board nod to acquire remaining 5% stake in Seal IT
Astral said that its board has approved to acquire remaining 5% equity stake in its wholly owned subsidiary, Seal IT Services UK (Seal IT) for total consideration of GBP 4,00,000 (approximately Rs 4.75 crore). By...
Singapore-based firm proposes to acquire 25% in Welcure Drugs & Pharma
Welcure Drugs & Pharmaceuticals Ltd on Wednesday said that Singapore-based Telexcell Trade has offered to acquire up to 25 per cent equity stake in the company at an indicative price of Rs 20 per share. This...
