Drug firm Strides Arcolab Ltd has completed sale of its specialties division Agila Specialties Pvt Ltd to the US-based generic drug major Mylan Inc for up to $1.75 billion. However, the company has agreed to Mylan...
General Atlantic buys majority stake in Ujala Cygnus
US-based private equity (PE) firm General Atlantic has acquired a majority stake in Ujala Cygnus, a hospital chain in northern India with a network of 21 hospitals across tier II and tier III cities. The financial...
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...
Max Healthcare Inst to acquire Starlit Medical Centre at enterprise value of Rs 940 cr
Max Healthcare Institute Ltd said it will fully acquire Starlit Medical Centre Pvt Ltd for an enterprise value of Rs 940 crore thereby giving it the ownership of 550-bedded Sahara Hospital in Lucknow. The company has...
Blackstone leads race to buy Kerala’s Kims Hospital chain
Blackstone has emerged the frontrunner to acquire Kims Healthcare Management (KHML), Kerala’s leading hospital chain, said two people aware of the development. The US private equity major is expected to acquire up to...
Fortis acquires Gurugram-based Medeor Hospital for Rs 225 crore
Fortis Healthcare said it has signed definitive agreements with the VPS Group for the acquisition of its Medeor Hospital in Manesar, Gurugram for Rs 225 crore. The hospital has a potential bed capacity of 350 beds and...
Max, KKR in talks with TPG to buy Care Hospitals
Max Healthcare Institute and KKR & Co have initiated separate discussions with TPG to buy Care Hospitals after earlier frontrunner Blackstone pulled out due to a valuation mismatch, said people with knowledge of the...
Blackstone now sole bidder for Care Hospitals
Blackstone, the world’s largest private equity group, is the only contender left in the race to acquire Care Hospitals for ₹7,800-8,000 crore in what would be one of the biggest healthcare buyouts in the country...
Blackstone, Manipal, Sheares, Max eye KIMS Health stake
Manipal Health Enterprises, Max Healthcare, Temasek-owned Sheares Healthcare, and global buyout funds Blackstone and CVC Capital are among half a dozen potential buyers in initial talks to acquire about 65-70% in KIMS...
Blackstone, Temasek’s Sheares lead race for Care Hospitals
Blackstone, the world’s largest private equity group, and Temasek’s Singapore platform Sheares Healthcare have emerged as top contenders for buying Care Hospitals, said multiple sources aware of the...
Second largest hospital buyout in India: Blackstone, CVC, Temasek & Max eye Care Hospitals
A handful of strategic and private equity investors including Blackstone, CVC Capital, Temasek and Max Healthcare are vying to acquire Care Hospitals from Evercare, a wholly owned entity of TPG Growth, said people with...
CARE acquires Indore’s specialty hospital CHL
Private equity fund TPG-backed CARE Hospitals has acquired Indore-based CHL Hospitals, the first corporate hospital established in Madhya Pradesh which has strong clinical expertise in cardiology and neurosciences...