by Vora Corporate Finance | May 16, 2023 | Insights
PE: Temasek buys 59% controlling stake in Manipal Health Enterprises Transaction: Sheares Healthcare, a unit of Singapore’s Temasek, has agreed to buy a controlling stake in Manipal Health Enterprises, raising its ownership from 18% to close to 59% for about Rs....
by Vora Corporate Finance | May 16, 2023 | Insights, Merger & Acquisitions
M&A: Fortis to acquire 350 bedded Manesar unit of Medeor Hospital for Rs 225 Crores. Transaction: Fortis Healthcare Limited announced that it has signed definitive agreements with the VPS Group for the acquisition of its Medeor Hospital in Manesar, Gurugram with...
by Vora Corporate Finance | May 13, 2023 | Insights
Secondary Market Update: The momentum in the equity markets started to normalize with Nifty and Sensex gaining by 4.06% and 3.60% respectively over the previous month. Foreign Portfolio investors made their highest buying of 2023 in April to the tune of Rs. 11,631...
by Vora Corporate Finance | May 13, 2023 | Insights
Economic Update: RBI, in its April 2023 policy meeting, opted to maintain the status quo on repo rates at 6.5%. Retail inflation eased to an 18-month low of 4.7% in April from 5.66% in the preceding month. Inflation numbers were in line with the expectation and...
by Vora Corporate Finance | Apr 10, 2023 | Insights, Private Equity & IPO
PE: Kauvery Hospital raises funds from PE fund managed by IIFL Transaction: Kauvery Hospital raised US$70 million in equity funding from a private equity fund managed by IIFL Asset Management Limited (IIFL AMC) for a minority stake. As per various news media reports...
