Piramal Enterprises Ltd (PEL) on Friday said that it would sell its healthcare insights and analytics business Decision Resources Group (DRG) to Nasdaq listed Clarivate Analytics for $950 mn. The company said it was a...
Piramal enterprises looks to sell 20% equity in healthcare business
Piramal Enterprises Ltd. has put up 20% equity in its healthcare vertical for sale, seeking to expand the business. PEL wants to accelerate growth for its healthcare division through acquisitions that will expand its...
USV in talks with Novartis to buy Jalra Trademark for Rs. 200 Crore
Mumbai-based drugmaker USV Pvt Ltd is in advanced discussions to acquire the trademark for antidiabetes drug Jalra from Novartis for a deal valued at more than Rs. 200 crore, people aware of the development told ET. The...
Mankind Pharma eyes acquisition of biotech firms, plans new launches
Mankind Pharma is actively looking for buyouts in the biotechnology space after talks with Bharat Serums and Vaccines fell through. The company feels that a manufacturing site would be crucial for...
Mankind Pharma eyes acquisition of biotech firms, plans new launches
Mankind Pharma is actively looking for buyouts in the biotechnology space after talks with Bharat Serums and Vaccines fell through. The company feels that a manufacturing site would be crucial for...
Everstone picks up minority stake in stent company Translumina
Private equity firm Everstone Capital, one of India’s largest investment houses, has acquired a significant minority stake in Translumina Therapeutics, a domestic manufacturer and distributor of cardiac stents and...
AbbVie strikes $63-billion deal for merger with botox-maker Allergan
AbbVie Inc. agreed to pay $63 billion for rival drugmaker Allergan Plc, the latest merger in an industry where some of the biggest companies have been willing to pay a big premium to resolve questions about their growth...
Smith & Nephew in talks to buy NuVasive for over $3 billion: FT
Britain’s Smith & Nephew Plc has held talks to buy U.S. medical equipment maker NuVasive in a deal that would be worth more than $3 billion, the Financial Times reported on Friday, citing people familiar with the...
Workplace design firm Space Matrix makes strategic acquisition in China
Space Matrix, the Singapore-based workplace design and build consultancy, which has major operations in India and clients including Airbnb, Eli Lilly, Gartner, ITC, LinkedIn, Piramal Realty, Schneider Electric amongst...
Wipro, ITC, Cadila take lead in race to acquire Complan
ITC Ltd, Wipro Consumer Care & Lighting Ltd and Cadila Healthcare Ltd are readying to submit binding offers to buy Kraft Heinz India’s popular nutritional drink brand, Complan, two people directly aware of the...
PE Funds, companies in race to acquire Kraft Heinz India’s consumer food unit
Bulge-bracket private equity funds such as Blackstone and Carlyle are said to be competing with domestic and international strategic buyers such as Abbott, Emami, WiproNSE 0.25 % Consumer Care, Zydus Wellness and ITC to...
Medical device maker Stryker makes takeover approach to Boston Scientific: WSJ
Medical device maker Stryker Corp has made a takeover approach to rival Boston Scientific Corp, the Wall Street Journal reported on Monday, a combination that would give Stryker a strong position in stroke-preventing...