Major private equity firms are vying for a stake in Cloudnine, a leading maternity and paediatric care chain. This intense competition high...

Private equity funds are pouring hundreds of millions of dollars into Kerala’s healthcare sector, reshaping a system long dominated by inde...

Temasek and TPG Newquest are on the hunt for new financial partners for Cloudnine Hospitals, a premier name in mother and child healthcare....

Manipal Health Enterprises has made headlines by purchasing a hospital site in Andheri, Mumbai for Rs 495 crore. This acquisition is a slic...

The fresh round of talks with global buyout giants was initiated after the Texas-based private equity fund's attempts to sell the shares ba...

Interestingly, TPG was part of the consortium — along with Malaysian conglomerate Hong Leong— that bought rest of the Asia operations of th...

The board will meet on July 13 to "consider and approve" raising funds through issue of securities on a preferential allotment basis, Forti...

In a letter to the directors of Fortis Healthcare Ltd, Manipal-TPG combine said it understands that the FHL board is still in the process o...

The consortium has now proposed to infuse Rs 2,100 crore into Fortis through a preferential allotment of shares at Rs 180 apiece, Fortis to...

Manipal-TPG have also proposed to merge MHEPL into Fortis Healthcare (FHL) and have valued the latter at Rs 8,358 crore for the same.

In the ongoing tug off war between these deep-pocket bidders — IHH and TPG — the proposed valuation may shoot up well beyond Rs 185 a share.

The timing of her resignation raises questions as it comes on the eve of the deadline for the committee to submit its non-binding recommend...

Manipal-TPG had sought the right to deliver a revised proposal to the Fortis board during a period of no less than seven business days from...

According to Manipal-TPG's new offer, the consortium has hiked the premium offered over and above the equity valuation for Fortis Healthcar...

Ranjan Pai-led Manipal and TPG have also decided to rework the earlier swap ratios in response to complaints that Fortis had been undervalu...

The deal is being proposed as ongoing investigations into Fortis Healthcare over the alleged misappropriation of funds by SFIO and a law fi...

CCI has approved Manipal Health Enterprises' proposed sale of its 24.75% stake to Singapore-based investment firm TPG Asia VI SF Private Lt...