General Atlantic, Kedaara Capital buy 46% in ASG for Rs 1,500 croreGeneral Atlantic and Kedaara Capital are together buying a 46% stake, which involves both primary and secondary transactions. The two PE fi...
28 Jul, 2022, 12.42 AM IST
GA-Kedaara may pick up 49% in ASG Eye HospitalsThe new investor group is likely to acquire about 49% in ASG for ₹1,180 crore ($150 million), valuing the company at about ₹2,400 crore. Th...
01 Jul, 2022, 05.14 PM IST
Global buyout funds in the fray to buy into ASG Eye HospitalsIn this proposed round, existing investor Investcorp will sell its 15% stake while about ₹700-800 crore will be invested as primary capital...
05 May, 2022, 12.30 AM IST
ASG Eye in talks with PEs to sell 49% stakeA clutch of PE funds such as General Atlantic, Carlyle, Warburg Pincus and domestic fund Kedaara were approached and bids are expected by t...
15 Mar, 2022, 12.53 AM IST
Vasan Eye Care creditors approve ASG's '600-cr bidIn 2017, the NCLT had ordered the commencement of insolvency proceedings against Vasan Eye Care, after it failed to repay debt of more than...
24 Feb, 2022, 01.12 AM IST
NCLAT extends time for completing insolvency process for Vasan Healthcare"This tribunal is of the view that Corporate Debtor (Vasan Healthcare) cannot be pushed into liquidation," said NCLAT.
26 Nov, 2021, 03.11 PM IST
Vasan Eye Care founder dead, police await autopsy reportThe 51-year-old is said to have had chest pain on Monday morning and was taken to hospital, where he was declared brought dead.
17 Nov, 2020, 08.53 PM IST
Vasan Healthcare RP may push for strategic partnersThe outstanding claims to banks, financial institutions and Asset Reconstruction Company Edelweiss are at ?1,268 crore, according to the co...
20 Nov, 2019, 11.43 AM IST
Centre for Sight Gets Ready to Raise Rs 115 crThe company, which operates 51 centres across 31cities, is looking to capture a Rs 15,800-crore pie of the eye care service market.
13 Jan, 2016, 06.06 PM IST
Malaysia's Sime Darby Group and South African co Netcare in talks to buy 51% of Vasan HealthcareWhile Sime Darby wants to be a dominant player in the Southeast Asian region, Netcare is looking to grow beyond its home turf.
28 Jul, 2014, 04.37 AM IST
Global hospital chains, buyout PE funds eye majority stake in Vasan HealthcareIn FY14, the company clocked Rs 750 revenue and Rs 180 crore ebitda while in the next fiscal it is aiming a Rs 350 crore ebitda on Rs 1,000...
29 May, 2014, 05.23 AM IST
Private equity investors pump Rs 300 crore more into Vasan HealthcareFinancial investors have backed the expansion plans of India's emerging healthcare chains by pouring in big bucks over the past few years.
13 May, 2014, 11.40 AM IST
- Vasan Healthcare may sell 15% to GIC for $100 million
Vasan Healthcare is in advanced talks to sell up to 15% stake to Singapore sovereign wealth fund GIC for around 337-450 cr, two people fami...
22 Jun, 2011, 04.08 AM IST
- Vasan Healthcare plans to raise $ 150 mn to fund expansion
The firm has 80 eye care hospitals across India and has recently opened its first eye care hospital in Delhi with three more hospitals in t...
24 Apr, 2011, 11.07 AM IST
- Vasan Healthcare to invest Rs 300 cr to open 45 hospitals
Eye care specialist Vasan Healthcare today said it will open 45 hospitals in India by the end of March 2012 at an estimated cost of Rs 300 ...
08 Feb, 2011, 06.17 PM IST
- Wipro bags 5-year IT outsourcing contract from Vasan Eye Care
IT major Wipro Infotech today said it has bagged a 5-year IT outsourcing contract by Vasan Eye Care, one of the country's largest network o...
10 Dec, 2010, 05.54 PM IST
- Sequoia Cap invests Rs 70 cr in Celon Labs
Private equity major Sequoia Capital has made its first investment in the pharmaceutical sector in the country by pumping in `70 crore into...
08 Oct, 2010, 01.08 AM IST