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  • in Health care

    Fortis to acquire 350 bedded Gurugram-based Medeor Hospital for Rs 225 crore

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    Gurugram: Fortis Healthcare Limited (”Company”), today, announced that it has signed definitive agreements with the VPS Group for the acquisition of its Medeor Hospital in Manesar, Gurugram, Haryana, (“Medeor Hospital”) for an overall purchase consideration of INR 225 Crore. The hospital has a potential bed capacity of 350 beds and can be operationalized in a […] More

  • in Health care

    GSK plans to acquire Bellus Health for USD 2 billion

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    London: GSK plans to buy Canada-based drug developer Bellus Health Inc in an all-cash deal for $2 billion as the British drugmaker expands its bet on respiratory therapies. The move to replenish its pipeline comes as GSK investors fret about whether there is enough in the medicine cabinet to keep the momentum going into the next […] More

  • in Health care

    Merck to acquire Prometheus Biosciences for USD 11 billion

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    Rahway: Merck, known as MSD outside the United States and Canada, and Prometheus Biosciences, Inc. have announced that the companies have entered into a definitive agreement under which Merck, through a subsidiary, has agreed to acquire Prometheus for $200.00 per share in cash for a total equity value of approximately $10.8 billion. “At Merck, we […] More

  • Sega to Acquire ‘Angry Birds’ Developer Rovio for $1 Billion: Report

    Sega to Acquire ‘Angry Birds’ Developer Rovio for $1 Billion: Report

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    Japan’s Sega Sammy Holdings Inc said on Monday it was considering acquiring Finland’s Rovio Entertainment Oyj but that nothing had been decided yet, sending its shares lower amid investor doubts about synergy prospects. The Wall Street Journal reported last week that Sega Sammy was nearing a deal to buy the Finnish firm behind the mobile […] More