Mubadala, Brunei’s Sovereign Wealth Fund look to pick up a slice of Manipal HospitalsTemasek owned Sheares Health, is in advanced negotiations to sell 8-9% of its 59% interest in Manipal Health Enterprises to Abu Dhabi' fund...
28 Sep, 2023, 08.13 PM IST
Blackstone leads race to buy Kerala’s Kims Hospital chainThe management will remain the same, headed by founder Dr MI Sahadulla who along with his family holds about 25% stake in Kims, the sources...
14 Aug, 2023, 12.53 AM IST
View: India has become the most sought-after investment destination for SingaporeAs Temasek and Singapore look around for new investment opportunities and business partners in India, there will undoubtedly be immense and...
30 Jul, 2023, 11.22 PM IST
Care Hospitals buyout: Max Healthcare sues TPG for 'breach of term sheet agreement'Max Healthcare Institute has lodged a suit against TPG, the owner of Care Hospitals, in the Bombay High Court after the private equity firm...
02 May, 2023, 06.26 AM IST
Max Healthcare makes firm offer for Care Hospitals, signs deal exclusivity with TPGBlackstone, the other contender, is in background for the likely Rs 5500-6500 cr buyout.
21 Apr, 2023, 01.02 AM IST
Manipal Health Enterprises plans to add 12-14 hospitals to its network in five yearsSingapore's Temasek-owned Manipal Health Enterprises plans to add 12 to 14 hospitals with approximately 4,000 beds to its network in the ne...
16 Apr, 2023, 11.20 AM IST
Temasek acquires additional 41% stake in Manipal Health EnterprisesSingapore's Temasek is to take control of Bengaluru-based Manipal Health Enterprises after acquiring a 41% stake in the chain. Following th...
10 Apr, 2023, 04.05 PM IST
Temasek set for controlling stake in Manipal HospitalsManipal Health has been expanding its footprint across the country through multiple buyouts. In 2020, it acquired the Indian assets of Colu...
08 Apr, 2023, 09.22 AM IST
Max, KKR in talks with TPG to buy Care HospitalsPreliminary discussions begin afresh as valuation falls to Rs 5800-6000 crore. KKR was the original backer of Abhay Soi led Radiant that ac...
10 Mar, 2023, 07.40 AM IST
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, Manipal, Sheares, Max eye KIMS Health stakeThe due diligence process is currently on after first-round bids, and binding bids for the chain are expected by next month, sources told E...
06 Dec, 2022, 09.16 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
TPG-backed AHH buys Nova IVI Fertility for $100 mnAsia Healthcare Holdings, the platform backed by TPG Growth is all set to acquire Nova IVI Fertility, in a deal said to be worth $100 milli...
02 May, 2019, 07.40 PM IST
Asia Healthcare in final talks to buy Nova IVI fertilityAHH will buy stakes from existing private equity investors and promoters including founder Mahesh Reddy, said two people aware of the devel...
24 Sep, 2018, 11.54 PM IST
The bid for Fortis may get hostileIn 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.
03 May, 2018, 09.46 PM IST