Top Stories

China's Fosun to acquire majority stake in KKR-backed Gland Pharma for $1.26 bn

Joseph Rai

China's Shanghai Fosun Pharmaceuticals (Group) Co. Ltd will acquire a majority stake in Hyderabad-based Gland Pharma Ltd for up to $1.26 billion (Rs 8,440 crore), the Indian company’s private equity investor KKR & Co. LP said on Thursday.

 Exclusive: PE-backed Axiss Dental hires banker to raise funds afresh

Joseph Rai

Axiss Dental Pvt. Ltd has appointed a banker to mobilise funds for expansion, its co-founder said, as the Delhi-based chain of clinics controlled by India Equity Partners seeks to tap into new opportunities in the country’s growing dental care segment.

Hospital chain Columbia Asia raises $101 mn from Japan's Mitsui

Joseph Rai

Columbia Asia, which operates a chain of hospitals in India and Southeast Asia, said it has raised $101 million (Rs 672 crore) from Japanese trading and investment firm Mitsui & Co. Ltd.

 Exclusive: TPG strikes back-to-back control deal in Indian healthcare sector

Joseph Rai

TPG Growth, the mid-market and growth-equity investment platform of alternative investments giant TPG Capital, has struck its second control oriented deal in Indian healthcare sector and marked its second bet on the medical consumables space.