Private equity firm TPG-backed Hyderabad-based hospital chain CARE Hospitals said it has acquired majority stake in Aurangabad-based United CIIGMA Hospitals for Rs 300-Rs 400 crore. United CIIGMA operates 300 bedded...
Care Hospitals buys significant majority stake in United Ciigma
TPG-backed Care Hospitals has acquired a “significant majority” stake in Aurangabad-based United Ciigma Hospital in its third acquisition since April as part of a strategy to deepen its presence in fast-growing...
GA-Kedaara may pick up 49% in ASG Eye Hospitals
A consortium of private equity funds General Atlantic and Kedaara Capital is likely to acquire a significant minority stake in ASG Eye Hospitals, the largest eye care hospital chain in India, two people aware of the...
Global buyout funds in the fray to buy into ASG Eye Hospitals
Top buyout funds General Atlantic, TA Associates and KKR are the contenders to acquire a significant stake in ASG Eye Hospitals, the largest eye care hospital chain in India, two people aware of the development told ET...
Aditya Jyot Eye Hospital to merge with Agarwals Eye Hospitals
Eyecare chain Agarwals Eye Hospitals on Friday said the city-based Aditya Jyot Eye Hospital is merging with it, and also announced plans to invest Rs 300 crore in Maharashtra over the next two years to expand network...
Everstone exiting Sahyadri Hospitals
Private equity firm Everstone has initiated the process to exit Sahyadri Hospitals two years after backing the institution. It is targeting an internal rate of return (IRR) of 50-60%. Private equity and venture capital...
NIIFL to invest ₹2,100 cr in Manipal Hospitals
The National Investment & Infrastructure Fund Ltd (NIIFL) on Thursday announced an investment of ₹2,100 crore in Manipal Hospitals, through its direct private equity fund, Strategic Opportunities Fund, as the...
General Atlantic to sell 18% stake in KIMS Hospitals
US-based private equity firm General Atlantic is looking to sell nearly half of its stake in Hyderabad-headquartered multi-disciplinary healthcare services provider Krishna Institute of Medical Sciences (KIMS...
CCI approves Manipal Health’s 100% acquisition of Columbia Asia Hospitals
The Competition Commission of India (CCI) gave its nod to Manipal Health Enterprises Pvt Ltd (MHEPL) for the acquisition of 100% shareholding in Columbia Asia Hospitals Pvt Ltd (CAHPL). “Commission approves acquisition...
Apollo Hospitals scouting for acquisitions in north and east India
After acquiring IHH Healthcare (IHH’s) stake in Apollo Gleneagles Hospitals, Kolkata (AGHL), Chennai-based Apollo Hospitals is now scouting for some more acquisitions in north and east India. The hospital chain recently...
HDFC Bank partners with Apollo Hospitals for holistic healthcare solution
HDFC Bank and Apollo Hospitals have joined hands to launch The HealthyLife Programme, a holistic healthcare solution which makes healthy living accessible and affordable on Apollo’s digital platform, Apollo 24|7. The...
Munich Re sells 1.72% stake in Apollo Hospitals for Rs 383.64 crore
Munich Re has sold shares worth Rs 380 crore in Apollo Hospitals. According to BSE bulk deal data, Munchener Ruckversicherungsgesellschaft Aktiengesellschaft in Munchen (Munich Re) sold 2,397,380 shares or 1.72 per cent...