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ICICI Lombard frontrunner for Star Health in India

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16-Apr-18 ICICI Lombard General Insurance has emerged as the frontrunner to acquire Chennai-based Star Health & Allied Insurance, edging past the competing consortium of WestBridge Capital and investor Rakesh Jhunjhunwala, valuing the company at INR6,000 crore (USD904 mn). [image: Business Medical Dialogues / Star Health]

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India's HDFC in talks to buy Apollo Munich insurance

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09-Apr-18 India's largest mortgage lender Housing Development Finance (HDFC) is in advanced talks to acquire Apollo Munich Health Insurance for INR1,000 crore (USD153 mn). Apollo Munich is the second largest standalone health insurance provider in India after Star Health. [image: The Economic Times]

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Apax to buy TPG’s Healthium Medtech for USD300 mn

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06-Apr-18 British buyout fund Apax Partners is acquiring Healthium Medtech for USD300 mn from PE firm TPG Growth. This will be Apax’s second healthcare deal in India after its 2007 debut with an investment in Apollo Hospitals Enterprises. [image: ET Healthworld]

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