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Metropolis may raise fresh funds, puts sale plan on backburner

Healthcare

27 July, 2022

Metropolis may raise fresh funds, puts sale plan on backburner

Leading diagnostics chain Metropolis Healthcare Ltd is looking to raise at least $500 million to finance acquisitions in the healthcare ......

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Sector watch: Will COVID-19 strengthen big diagnostics firms, spur consolidation?

Healthcare

30 October, 2020

Sector watch: Will COVID-19 strengthen big diagnostics firms, spur consolidation?

When Nalanda Capital bet on Thyrocare Technologies Ltd in March, the private equity-style investor in public equities was likely enticed ......

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Metropolis Healthcare's deal to acquire Gujarat diagnostics firm collapses

Healthcare

02 July, 2020

Metropolis Healthcare's deal to acquire Gujarat diagnostics firm collapses

Pathology chain Metropolis Healthcare Ltd’s plan to acquire a majority stake in a Gujarat-based diagnostics company has fallen through. Metropolis had, ......

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Tracing Carlyle's returns as it cashes out most of its stake in healthcare firm

Healthcare

15 April, 2020

Tracing Carlyle's returns as it cashes out most of its stake in healthcare firm

US-headquartered private equity giant The Carlyle Group has walked away with modest returns by selling a bulk of its stake ......

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Diagnostics firms shouldn't fear price controls: Panellists at VCCircle summit

Healthcare

11 October, 2019

Diagnostics firms shouldn't fear price controls: Panellists at VCCircle summit

Diagnostics companies must focus on providing good-quality services and building sustainable business models instead of worrying about government moves to ......

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Carlyle-backed Metropolis' founder faces objections for board reappointment

Healthcare

01 August, 2019

Carlyle-backed Metropolis' founder faces objections for board reappointment

Pathology chain owner Metropolis Healthcare Ltd said it would reappoint its founder Sushil Kanubhai Shah as an executive director despite ......

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Carlyle to pare stake in Metropolis Healthcare before IPO

Healthcare

04 October, 2018

Carlyle to pare stake in Metropolis Healthcare before IPO

Private equity firm Carlyle Group, which plans to divest a big chunk of its stake in Metropolis Healthcare Ltd through ......

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PE-backed pathology chain Metropolis set to file for IPO

Healthcare

21 September, 2018

PE-backed pathology chain Metropolis set to file for IPO

Pathology chain operator Metropolis Healthcare Ltd is applying the final touches before filing its draft documents for an initial public ......

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Company watch: Carlyle-backed Metropolis in pink of health but faces testing times

Healthcare

03 September, 2018

Company watch: Carlyle-backed Metropolis in pink of health but faces testing times

Metropolis Healthcare Ltd has strengthened its operational and financial muscles ever since the founding Shah family gained control of the ......

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Pathology chain operator Metropolis ends JV with Sri Lankan partner

Healthcare

15 December, 2017

Pathology chain operator Metropolis ends JV with Sri Lankan partner

Pathology chain operator Metropolis Healthcare has ended its over 10-year-long joint venture with its Sri Lankan partner and has decided ......