health care

Private Equity Giant to Buy WebMD

Private Equity Giant to Buy WebMD

One of the world’s biggest and the most known private equity firms is buying an online health publisher WebMD Health Corp. The parties announced the deal on Monday evening, stating the deal would be worth around $2.8 billion.   The financials of the deal   Private equity giant KKR will pay $66.50 per share, which is a premium of 20.5% [...]

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China’s Private Equity Posts Another Strong Growth

China’s private equity sector has posted another strong month. The total assets under management increased from RMB750 billion (USD109 billion) to RMB10.98 trillion (USD1.58 trillion) in January. China’s official Xinhua news agency also reported the number of big PE firms reached 147. These are firms with assets of minimum RMB10 billion (USD1.4 billion).   Despite the strong growth in the [...]

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Everstone Capital Advisors Raises $730 Million with ...

  The Singapore-based private equity firm announced on Tuesday the closure of its third fund. Everstone Capital Advisors, which is the private equity arm of the Everstone Group, said it has raised $730 million with the fund, which aims to focus on investments in India and Southeast Asia.   The Fund   According to the official statement, the Everstone Capital [...]

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Private Equity Looking for Opportunities in Brazil

  Brazil is set to host the Olympic games next year with interest and excitement building on the streets of Rio. But at the same time, the Brazilian economy is faced with some massive challenges. Brazilian asset prices are plummeting, but analysts are calling for value investors to seek opportunities in the sector and perhaps help the economy get back [...]

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Are US IPOs at an Inflection Point?

  The initial public offerings in the US have been reaching great levels in recent years. But newly published research suggests, the market might be about to turn. This could mean private equity firms won’t have as many lucrative exit opportunities during the second half of the year and the start of next year.   Renaissance Capital’s Research   According [...]

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PE Firms Compete to Buy CARE Hospitals in India

  Private equity firm Advent International announced it is looking to sell its stake in the Indian hospital chain CARE Hospitals, but it looks another private equity firm could take its place. Big firms are set to battle it out for the healthcare business, with negotiations aiming to find a buyer by the end of the month.   The Possible [...]

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Australian Private Equity Industry Set for a Debate

  The Australian private equity industry is faced with plenty of turmoil. Private equity funds have plenty of capital to deploy, but the competitive market is making it hard to find enough profitable acquisitions. On top of this, the fee structure is under scrutiny in Australia, just like it is elsewhere in the world. The above topics are surely one [...]

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Tata Opportunities Fund to Raise $700 Million

  Tata Opportunities Fund, the private equity fund of the Indian conglomerate Tata Group, has announced its plans to raise $700 million in the following year. Two other separate private equity funds by the firm are also looking for further investments. It is another strong indicator for the improved strength in the Indian private equity market.   The Announcement   [...]

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Abraaj Group’s $1.4bn Funds Shows Strength in ...

  Abraaj Group announced big news at the start of the week, as it closed its latest private equity fund. The North Africa focused fund managed to raise $375 million in investments. Together with its previous sub-Saharan focused fund, closed in April, Abraaj Group is set to invest nearly $1.4 billion more in the continent.   The Newest Fund   [...]

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Private Equity Firm Warburg Pincus to Participate on...

  Private equity firms are used to investing in the healthcare sector, but one US-based firm is now getting involved in the field of human genomics. Private equity firm Warburg Pincus is teaming up with other investors to create a new platform in the field of consumer genomics called Helix.   The Announcement   The new business venture was announced [...]

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Private Equity Players Putting Their Trust in India

  Private equity players’ love for India seems to be growing stronger. According to a new study, private equity funds are increasing their bets on India and remain confident over the country’s growth outlook.   Findings of the Study   The Associated Chambers of Commerce & Industry of India (ASSOCHAM) looked at the Indian private equity industry during the first [...]

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MENA Private Equity Association: State of Middle ...

  The non-profit organisation MENA Private Equity Association has published its latest report in the private equity and venture capital industry of the Middle East and North Africa. The ninth report found that private equity in the region continues to interest investors and deal volumes in the region are growing.   The Findings   The report found that the region [...]

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Private Equity Firm Cinven to Buy Synlab

  Private equity deals in the healthcare sector keep rolling in, as reports on Thursday suggested private equity firm Cinven is buying the German medical laboratory operator Synlab. The firm is merging the German-based company with its recently acquired French company, Labco.   The Details of the Deal   The European private equity firm is buying the laboratory operator for [...]

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Global IPO Activity Slows – Blame Placed on ...

  The most recent data shows, global initial public offering (IPO) activity is cooling down, with lack of big private equity deals being blamed for the slowdown during the first part of the year. Although the second quarter has seen IPO numbers pick up a little, overall results suggest private equity-backed deals have continued to remain subdued.   The Latest [...]

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CVC and Temasek Strike a Deal to Buy a Generic Drugs...

  The healthcare sector has witnessed some big deals this year, with pharmaceutical companies receiving special attention from private equity firms. Another big deal was announced on Monday, when European private equity fund CVC and Singaporean sovereign wealth fund Temasek announced the purchase of a controlling stake in Alvogen.   The Transaction Details   Robert Wessman, the former chief executive [...]