Once completed, this will arguably be the first time that Temasek acquires a controlling stake in an Indian company on its own.

Ramgobin is the daughter of activist Ela Gandhi and Mewa Ramgobin who have played instrumental roles in reviving Phoenix Settlement.

Abraaj and a consortium consisting of Temasek Holdings and TPG Growth Capital Fund are the two other final contenders to buy Advent’s stake.

The two competing bids are in a close race after majority owner and private equity investor Advent International decided to sell its stake.

Emerging markets PE group Abraaj and a consortium of PD Hinduja Hospital and Everstone Capital Advisors are among those to emerge as the fr...

Dr. Ravindra Karanjekar, the chief executive officer of Seven Hills Healthcare denied any plans of a stake sale.

“Depending on valuation, the investors as well as the promoters could look at selling up to a 75% stake in the company,” an investment bank...

While Sime Darby wants to be a dominant player in the Southeast Asian region, Netcare is looking to grow beyond its home turf.

More than 350 Indian nurses have been recruited by three major South African health care companies to work in the country facing shortage o...

The country's leading private hospital groups, Netcare and Medi-Clinic, have embarked on a programme to recruit about 700 Indian nurses ove...

Apollo Hospitals’ plans to get a foothold in UK’s £5.4-billion private healthcare market seems to have received a setback.

British private equity firm, Apax Partners, is investing $100 million for a 11% stake in Apollo Hospitals to take advantage of the fast-gro...