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Insights
23-Apr-18 Walmart Inc is close to finalizing a deal to buy a majority stake in India’s leading e-commerce company Flipkart for at least USD12 bn. The deal would give Walmart a foothold in a market of 1.3 bn people. [image: Bloomberg News]
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Insights
23-Apr-18 Fortis, with around 30 hospitals, is a rare and attractive asset in a growing market. But potential suitors have so far held back from making bold bids for the group as it faces rising debt and a regulatory probe. [image: ET Healthworld]
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20-Apr-18 India's Fortis Healthcare is setting up a committee to assess bids for the company, excluding non-binding offers. This is a setback for Malaysia's IHH and China's Fosun, which had submitted non-binding offers and sought time for due diligence. [image: Medicare News]
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Insights
20-Apr-18 Healthcare buyouts in Asia hit a new high in 2017, with deal values from 61 transactions reaching USD7.2 bn, as companies increasingly partner with foreign players on larger deals. The deal value surpassed the long standing 2001 record. [image: SCMP]
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Insights
18-Apr-18 Dubai-based private-equity firm Abraaj Group has told investors it is ready to step down as the manager of a USD1 bn growth markets healthcare fund amid an investigation into whether it misused some of the fund's money. [image: The Abraaj Group]
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