Dr Lal PathLabs, India’s largest diagnostic chain, is looking at a potentially large acquisition to increase its foothold in south India. If the asset is of a strategic fit, it could look at a deal size of Rs...
CVS explores options including potential break-up, sources say
CVS Health is exploring options that could include a break-up of the company to separate its retail and insurance units, as the struggling healthcare services company looks to turn around its fortunes amid pressure from...
Pfizer to sell about $3.25 bln stake in Sensodyne-maker Haleon, bookrunner says
Pfizer’s stake sale in British consumer healthcare company Haleon has been upsized by 100 million shares to 640 million shares worth about $3.25 billion with strong demand from investors, a bookrunner familiar...
IHH Health eyes acquisitions to grow business: CEO Prem Kumar Nair
IHH Healthcare, the Singapore-Malaysia-based hospital group that operates a chain of hospitals under Fortis and Gleneagles (erstwhile Global Hospitals) brands in India, is planning to double its bed capacity here to...
Aster DM Health, Quality CARE inching closer to a merger deal
The proposed merger between Bangalore-based listed hospital chain Aster DM Healthcare and Hyderabad-based Quality CARE India is in its final stages of negotiations, and the deal is expected to be signed by the end of...
Temasek set to buy PeakXV’s 20% stake in Cloudnine
Singapore’s Temasek Holdings is close to buying Peak XV’s 18-20% stake in Bengaluru-based Cloudnine Hospitals for around $125 million, three people aware of the development said. The deal, which has been in...
Zydus Board approves business transfer agreement for acquisition of API biz of Sterling Biotech
At meeting held on 17 September 2024 The Board of Zydus Lifesciences at its meeting held on 17 September 2024 has approved a Business Transfer Agreement (BTA) to purchase the API business (the Target Business) of...
Philip Morris to sell Vectura for $198 mln after health shift criticism
Philip Morris International’s Vectura Fertin Pharma said on Tuesday it would sell its asthma inhaler maker Vectura Group to Molex Asia Holdings for 150 million pounds ($198 million). Marlboro maker PMI bought...
Max Healthcare acquires Jaypee Healthcare under IBC
Max Healthcare said it has entered into a strategic agreement with Lakshdeep Group to acquire controlling stake in Jaypee Healthcare which is undergoing Corporate Insolvency Resolution Process (CIRP). The acquisition is...
Fortis seeks CCI nod to buy 31.52% more in diagnostics subsidiary Agilus
Fortis Healthcare has sought the Competition Commission of India’s approval for its proposed acquisition of another 31.52% stake in its diagnostics arm, Agilus, from private equity players. In its application to...
EQT to acquire ChrysCap-owned healthcare BPO GeBBS
Swedish Private Equity fund EQT has signed an agreement with homegrown PE fund ChrysCapital to acquire GeBBS Healthcare Solutions, a leading provider of revenue cycle management (RCM) services and risk adjustment...
EQT set to acquire BPO GeBBS from ChrysCapital
Swedish private equity fund EQT is set to acquire Los Angeles-based healthcare BPO company GeBBS Healthcare Solutions, outbidding Hillhouse Investment by a whisker after intense negotiations that lasted for over a week...
