Investors in India's Fortis Healthcare Ltd voted out a fourth director from the hospital operator's board, it said on Wednesday, expressing displeasure over the company's handling of offers of investment.
Varian Medical Systems said it would not increase its offer to buy Australian liver cancer treatment provider Sirtex Medical Ltd after Sirtex on Tuesday said Chinese private equity firm CDH Investments had submitted a formal bid.
Australian hospital group Healthscope Ltd rejected two takeover approaches on Tuesday and said it will instead explore selling its properties, in what analysts called a risky move that could invite a more favorable takeover bid.
General Electric Co announced a $11.1 billion deal on Monday to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp , with GE and its shareholders owning just over half of the combined business.
Three directors of India's Fortis Healthcare have quit ahead of a shareholder vote on Tuesday to decide their future, the company said, the latest twist in a prolonged takeover for one of the country's largest hospital operators.
General Electric Co is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp , a U.S. maker of equipment for the rail industry, two people familiar with the matter said on Sunday.
U.S. hospital operator HCA Healthcare Inc and private equity firm KKR & Co have joined forces to make an offer for U.S. physician services provider Envision Healthcare Corp , people familiar with the matter said on Friday.
Fresenius SE's chief executive has defended the company's decision to pull out of a planned $4.8 billion takeover of Akorn , saying it was the only option after uncovering data integrity breaches at the U.S drugmaker.
Buyout fund CVC Capital has agreed to buy a majority stake in Mehilainen, one of Finland's largest healthcare companies, from private equity companies KKR and Triton.
Finnish healthcare company Terveystalo has agreed to buy Swedish rival Attendo's Finnish operations for 233 million euros ($275 million), it said on Thursday.