American health insurance company Aetna International Wednesday completed its acquisition of Indian Health Organization Pvt Ltd (IHO) for an undisclosed amount. The move now marks its foray into the Indian market, reported the Economic Times of India (ET).
Speaking to PTI, Aetna South East Asia Managing Director Derek Goldberg confirmed the company has acquired 100 per

According to the Economic Times of India (ET), Max India has decided to acquire private equity firm Warburg Pincus’ 16.37% stake in its hospital chain Max Healthcare for Rs 140 crore.
Under the proposed transaction, Max India is buying 4.76 crore shares of the hospital chain at 29.40 rupees per share from Warburg Pincus, the company

Jyothy Laboratories Ltd is to acquire the operations of Henkel AG & Co.’s Indian subsidiary. In a statement to the Bombay Stock Exchange, Jyothy Laboratories said its board has approved the buyout of Henkel AG & Co.’s entire stake in its Indian unit in a transaction that also allows the German company to buy a

Sabre Partners has acquired a 4 per cent stake in Super Religare Laboratories (SRL) through the investment of Rs.50 Crore. The investment was undertaken through Sabre Partners’ Spring Healthcare Fund. The investment marks the second pre-IPO placement by Super Religare Laboratories.
Deal Curry reported that earlier in April, Avigo Capital Partners invested Rs 100 Crore for

Reckitt Benckiser has completed its acquisition of India’s Paras Pharmaceuticals Limited. In an announcement Wednesday, Reckitt said it has received the necessary regulatory clearances and has completed the acquisition of the Indian firm.
In a statement, Reckitt said the acquisition of Paras represents another step forward in its growth strategy in consumer health care. The investment

The Marico Group announced it has divested its refined sunflower oil brand ‘Sweekar’ to Cargill India Private Limited (Cargill). The transaction, for an undisclosed consideration foresees an assignment of the Sweekar trademark and copyrights from Marico to Cargill. The transaction takes immediate effect.
Mr. Saugata Gupta, CEO of Marico’s Consumer Products Business, commented that in recent

Publicis Groupe is to acquire a majority stake in Watermelon Healthcare Communications Private Limited, a leading healthcare advertising agency in Mumbai, India. Post the stake acquisition, Watermelon will become part of Publicis Healthcare Communications Group (PHCG) and will be renamed Publicis Life Brands Watermelon. This transaction is subject to customary local closing conditions.
Watermelon is a

The TriZetto Group Inc has completed its acquisition of privately held Tela Sourcing Inc. Based in Baltimore, Tela Sourcing Inc is a business process outsourcing (BPO) services firm with major operations in Pune, India.  Tela provides U.S. and India based outsourcing capabilities to the healthcare industry.
The deal enables TriZetto provide for 65 health plans and

Cx Partners reported it had invested around Rs 188 crore in Thyrocare Technologies for the acquisition of a 30 per cent stake. Cx Partners, the private equity firm, will acquire the stake in the medical diagnostics firm, valuing Thyrocare Technologies Ltd at Rs 627 Crore. According to the firm, the funds to be accrued from

Fortis Healthcare Ltd, India’s fastest growing hospital network, announced the take over of Operations and Management of the 150 bed Vivekanand Hospital and Research Centre in Moradabad, Uttar Pradesh (UP). The move is in line with its strategy to strengthen its presence in India’s tier II cities. The addition of Vivekanand Hospital takes the Fortis