On April 18, I had blogged about San Francisco, CA-headquartered TPG Capital-backed Manipal Hospitals acquiring Fortis Healthcare's hospital assets. However, Fortis' shareholders objected to the acquisition, since the deal on behalf of Fortis hospitals had been approved by a board of directors elected during the ownership of Fortis' previous management who...
2015: Highest M&A Deals in India Healthcare Market
According to a report in Live Mint which quoted data from VCCEdge, outbound mergers and acquisitions in the healthcare sector in India were worth $1.5 billion in 2015 as against $251 million in 2014. Outbound Acquisitions Acquirer Acquiree Deal Size Lupin, India Gavis Pharmaceuticals, U.S. $880 million Cipla, India InvaGen...