Blackstone now sole bidder for Care HospitalsOnce done, this would be the second largest hospital buyout in India after the IHH-Fortis transaction in 2018. This transaction will also g...
09 Dec, 2022, 06.23 AM IST
Blackstone, Temasek's Sheares lead race for Care HospitalsThe 2,400-bed hospital chain, owned by a TPG Growth platform Evercare, also saw interest from Max Healthcare and Carlyle, among others. Inv...
07 Nov, 2022, 06.18 AM IST
Second largest hospital buyout in India: Blackstone, CVC, Temasek & Max eye Care HospitalsAmong the largest hospital chains in India, the deal involving 2,400 beds — 15 hospitals in India and two in Bangladesh — will value Care H...
13 Sep, 2022, 11.38 PM IST
CARE acquires Indore's specialty hospital CHLEstablished in 2001, Convenient Hospitals (CHL) has a capacity of 250 beds and is adding another 150 beds, CARE Hospitals said in a stateme...
04 Jul, 2022, 07.10 AM IST
How Muddy Waters is hammering Indian billionaire’s NMC HealthNMC’s margins are “too good to be true” relative to peers, said Muddy Waters.
27 Jan, 2020, 03.15 PM IST
TPG's Rise Fund to control Abraaj’s Healthcare FundTPG Capital will now own a sizable hospital chain with ownership in Manipal Hospitals and Motherhood Hospitals.
24 Dec, 2018, 10.51 PM IST
Constellation Alpha to acquire pathology chain Medall HealthcareConstellation was formed as a public platform for acquiring Indian healthcare businesses. Constellation raised $144 million in its initial ...
03 Aug, 2018, 12.55 PM IST
Hedge funds alleging $1.5 billion fraud fear they'll 'bleed dry'The two hedge funds said they first noticed red flags with the company four years ago.
26 Jun, 2018, 02.49 PM IST
Carlyle Group leads race for 15 per cent in Mankind PharmaceuticalsThe company, which is the maker of leading brands such as Manforce condoms, PregaNews and Unwanted 72, has presence in about 22 countries a...
23 Jan, 2018, 08.23 AM IST
JP Morgan PE, promoter try to buy each other out of SevenHillsMeanwhile, lenders of the chain, led by Axis Bank, moved court to seek repayment of dues of about Rs 900 crore.
18 Feb, 2017, 02.19 AM IST
Healthcare providers look to tap Africa for the next growth waveSub-Saharan Africa’s private health-care industry is estimated to be worth about $21 billion, according to the IFC, and may double in value...
25 Nov, 2016, 06.52 PM IST
India Value Fund competes with TPG-Temasek to take control of KIMS HospitalRace for South-based KIMS Hospital chain with footprint in Gulf is getting hot as corporate entity is valued at Rs 1,300 crore.
13 Oct, 2016, 12.55 AM IST
Strapped Indian startups now get support of global VCs with long-term view & domain expertiseNew York-based investment firm manages a corpus of $1.2 billion and has backed companies like BookMyShow & Bigbasket.
18 Jul, 2016, 06.57 AM IST
Dubai-based Abraaj Group buys 72% holding in CARE HospitalsHyderabad-based CARE is the fifth largest healthcare provider in India and operating 2,600 beds across 16 hospitals in nine cities, it adde...
14 Jan, 2016, 05.08 PM IST
Temasek to buy Care Hospitals for Rs 1,800 croreThe acquisition is possibly the largest M&A deal in domestic healthcare delivery sector, people directly familiar with the matter said.
15 Dec, 2015, 12.06 PM IST
Thomson Medical emerges top bidder for Advent International’s 72% stake in CARE HospitalsAbraaj and a consortium consisting of Temasek Holdings and TPG Growth Capital Fund are the two other final contenders to buy Advent’s stake.
20 Oct, 2015, 04.00 AM IST
Temasek-TPG, Abraaj Capital vie to acquire Care HospitalsThe two competing bids are in a close race after majority owner and private equity investor Advent International decided to sell its stake.
08 Oct, 2015, 11.22 AM IST