Pro Tip: Learn how to use HBI Alerts to follow your favorite topics

India

 

Bain and KKR vying for Life’s Max Healthcare stake

Private equity giants Bain Capital and KKR are reportedly fighting it out for South African Life Healthcare's 47.5% stake in Indian hospital chain Max Healthcare. One source tells Healthcare Nova that the rumoured bidders "have no idea what they are buying into".

Could buyers be interested in Fortis’ struggling diagnostics arm SRL?

After Malaysian healthcare giant IHH's $1.3bn buy-out of controversy-riddled Fortis Healthcare, the Indian hospital group's diagnostic lab SRL has launched a major push to improve its dwindling sales. Is it worth trying to impress incoming management, or will Fortis drop the business? We speak to an analyst to find out more.

IHH audit committee chair opposed to Fortis deal

While the majority of board members of Malaysian-Singaporian healthcare giant IHH voted to support its acquisition of beleaguered Indian hospital group Fortis, there was one notable exception.

Aster DM full-year results show slow pivot to India

India and GCC hospital group Aster DM has revealed revenue and EBITDA growth of 13% and 79%, respectively, in its first annual report since IPOing in Mumbai in February this year. The increase in the proportion of revenues made in India shows the group's pivot towards that market, although it is sticking to the safe haven of larger cities.

IHH seal deal for $1.3bn Fortis

India’s troubled hospital group Fortis Health has selected IHH Healthcare to take control of the company ahead of an alternative bid by rival TPG-Manipal.

Buyer found for troubled Fortis?

The fight for Fortis, India's second largest and arguably most troubled hospital group, could soon be over. Healthcare Nova hears from a well-placed India-based source that IHH Healthcare's binding offer to acquire 51% of the company is extremely likely to succeed.

Find Us