27 Jun, 2013
ITC Sheraton Hotel, New Delhi
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Is Fortis flipping its strategy of building an Asia-Pacific healthcare firm? 
Lohit Jagwani
In January 2012, the firm completed a $665 million transaction where it acquired the overseas healthcare assets owned by its own promoters in a deal part funded by Singh brothers.
Essilor acquires majority stake in Surat-based Deepak Optic
Bhawna Gupta
The ophthalmic lens maker has been following a string-of-pearls acquisition strategy in India and globally.
EU fines Ranbaxy, others for blocking cheaper drugs
Reuters
India's No. 1 pharmaceutical company Ranbaxy has said it is planning to appeal to the EU General Court in Luxembourg, Europe's second-highest, after it was fined 10.3 million euros.
Healthspring raises $3.7M in second funding round led by Asian Healthcare Fund
Lohit Jagwani
Healthspring is looking to raise another Rs 50 crore by the end of this year to expand to 170 centres across the country in the next 3.5 years.
Fortis Healthcare selling Vietnam unit Hoan My to Chandler for $80M
This would be the second strategic exit for Fortis after it sold stake in Australia-based Dental Corporation to Bupa Australia Health for $286m.
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RECENT COMMENTS
- 19 June 2013RaxitonVrishank, gr8 interview, met shailesh few months back and really impressed!
- 18 June 2013Vijay SambamurthionWith all due respect.....I disagree with most of this article! The author has cleverly employed rhetoric to make a...
- 18 June 2013ManishonSandeep, your article does not provide any substantial reasons on why marketplace is more difficult than inventory-led...
- 17 June 2013rj.sridhar@gmail.comonI think it's a bit of a chicken & egg. Is it the combination of some shady promoters plus lack of enough exits...
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