Singapore’s sovereign wealth fund GIC has invested $170 million (₹1,280 crore) to acquire a minority stake in Asia Healthcare Holdings (AHH), the single-specialty hospitals platform backed by TPG Growth. In one of...
Italian dairy group Granarolo buys Calabro Cheese in the U.S
Italian dairy group Granarolo has bought U.S. cheese producer Calabro Cheese as part of its plan to expand its presence abroad, the company said in a statement on Monday. The group did not disclose the price of the...
Aurobindo Pharma to buy US animal health firm Cronus for Rs 420 cr
Aurobindo Pharma has agreed to invest Rs 420 crore to buy upto 51 percent stake in Cronus Pharma Specialties aiming to tap global animal health generics space. Hyderabad-based Cronus is engaged in development...
Abu Dhabi’s Mubadala acquires 60% stake in Saudi, UAE healthcare provider
Abu Dhabi sovereign wealth fund Mubadala Investment Co. on Wednesday announced it has acquired a 60% stake in healthcare provider United Eastern Medical Services (UEMedical), which operates in Saudi Arabia and the...
Food group Granarolo eyes M&A in U.S. after buying British unit
Italian dairy group Granarolo aims to grow through acquisitions and is looking at opportunities in the United States, where it needs a base to help expand its cheese business, Chairman Gianpiero Calzolari told Reuters...
HealthPlix raises $13.5 million led by Lightspeed
Health-tech start-up HealthPlix Technologies has raised $13.5 million as part of its ongoing Series B funding led by Lightspeed, with participation from existing investors JSW Ventures, Kalaari and Chiratae. The startup...
Swiss chemical company Clariant AG forms JV with India Glycols
Swiss chemicals major Clariant AG has formed a 51:49 joint venture with Bhartia family-promoted India Glycols to manufacture and market renewable ethylene oxide (EO) derivative products. EO derivatives are a class of...
HK’s ZQ Capital sells U.S. medical devices maker SSC to GTCR
Hong Kong-based ZQ Capital has sold Surgical Specialties Corporation (SSC) to Chicago-based private equity firm GTCR, in a deal a source said valued the U.S. diversified medical devices maker at around $800 million...
Hong Kong-based ZQ Capital sells U.S. medical devices maker SSC to GTCR
Hong Kong-based investment firm ZQ Capital said on Monday it has sold U.S. diversified medical devices maker Surgical Specialties Corporation (SSC) to Chicago-based private equity firm GTCR. ZQ Capital, which focuses on...
MFine raises $16 million led by Heritas Capital
MFine, a digital health startup, has raised $16 million in a new funding round, led by Heritas Capital and which saw participation from Singapore-based family office of Y’S Investment Pte Ltd. Existing MFine investors...
HealthPlix Technologies raises $6 mln in Series B round led by JSW Ventures
Healthtech startup HealthPlix Technologies has raised $6 million as a part of its Series B round, led by JSW Ventures. Existing investors Chiratae Ventures and Kalaari Capital also participated in the round. With this...
Hindalco closes acquisition of Aleris; becomes world’s largest aluminium company
Hindalco Industries Limited, the Aditya Birla Group metals flagship company, has become the world's largest value-added aluminium downstream player in the world with a global footprint spanning 49 state-of-the-art...