Insights
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]
Read More
Insights
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]
Read More
Insights
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]
Read More
Insights
06-Apr-18 Amazon has held early exploratory talks to buy Flipkart India's largest e-commerce firm, in advance of Flipkart's talks with Walmart to buy 55% of the company. [image: Hemant Mishra/Mint]
Read More
Insights
28-Mar-18 BillDesk is in acquisition talks with three payment giants - PayU, American Express and PayPal. BillDesk is seeking a valuation of USD1.5-2 bn but no deal or valuation has been agreed to date. [image: Bruce Mars / Pexels]
Read More