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TPG, five others in race to manage Abraaj's $1 bn healthcare fund

Finance

02 July, 2018

TPG, five others in race to manage Abraaj's $1 bn healthcare fund

Colony Capital, TPG and Cerberus Capital Management are among at least six firms vying to run Abraaj's $1 billion healthcare ......

Fortis Healthcare again extends deadline to submit bids

Healthcare

29 June, 2018

Fortis Healthcare again extends deadline to submit bids

Fortis Healthcare Ltd has extended for a second time the deadline to submit bids for the hospital chain, as it ......

Fortis plans legal steps to recover money from ex-boss Malvinder Singh; loss soars

Healthcare

27 June, 2018

Fortis plans legal steps to recover money from ex-boss Malvinder Singh; loss soars

Fortis Healthcare Ltd, which is in the midst of a takeover battle, said on Wednesday it will take legal measures ......

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Secondary PE deals no longer carry stigma of yesteryears: NewQuest's Amit Gupta

Finance

20 June, 2018

Secondary PE deals no longer carry stigma of yesteryears: NewQuest's Amit Gupta

Asia-focussed secondaries private equity firm NewQuest Capital Partners has been steadily increasing its presence in India. Earlier this year, NewQuest ......

TPG, Carlyle eye Sai Life; Continuum founder may buy Morgan Stanley stake

General

15 June, 2018

TPG, Carlyle eye Sai Life; Continuum founder may buy Morgan Stanley stake

Private equity firms TPG, True North and Carlyle are in separate talks to acquire Tata Capital Ltd’s stake in Sai ......

Temasek eyes stake in Asia Healthcare; Ratan Tata may invest $150 mn in Ant Financial

General

08 June, 2018

Temasek eyes stake in Asia Healthcare; Ratan Tata may invest $150 mn in Ant Financial

Singapore state investor Temasek Holdings is in advanced discussions to pick up 30-35% stake in Asia Healthcare Holdings, a healthcare ......

TPG acquires stake in Asian secondaries specialist NewQuest Capital

Finance

05 June, 2018

TPG acquires stake in Asian secondaries specialist NewQuest Capital

Private equity firm TPG has acquired a minority stake in Hong Kong-based secondaries PE firm NewQuest Capital Partners, entering a ......

Fortis board says it will consider takeover offers from 4 bidders

Healthcare

01 June, 2018

Fortis board says it will consider takeover offers from 4 bidders

Fortis Healthcare Ltd has warmed up to approaches from the same set of four suitors, barring China’s Fosun International whose ......

Fortis clears deck for fresh bidding war

Healthcare

29 May, 2018

Fortis clears deck for fresh bidding war

Fortis Healthcare Ltd said on Tuesday it will initiate a fresh bidding for its sale as the winning bid of ......

Fortis arm asked to pay $75 mn for profiteering amid cash crunch, takeover battle

Healthcare

29 May, 2018

Fortis arm asked to pay $75 mn for profiteering amid cash crunch, takeover battle

A Delhi High Court committee has asked a unit of Fortis Healthcare Ltd to pay Rs 503 crore ($74.6 million) ......