In a significant move within the Indian business services sector, Rajiv Kaul, the Executive Vice Chairman, Whole Time Director, and CEO of CMS Info Systems (CMSINFO), has increased his stake in the company from 2.62% to 6.20%. This development comes as a strong indicator of confidence from the leadership in the company’s growth trajectory and […]
Boston Scientific has wrapped up the previously announced $1.07 billion acquisition of the global surgical business of Israeli medical solutions provider Lumenis. The US medical device manufacturer had signed the deal in March 2021 with an affiliate of Baring Private Equity Asia (BPEA), which owns Lumenis. The BPEA affiliate will retain ownership of Lumenis’ global […]
Hinduja Global Solutions (HGS), the business process management entity of the Hinduja Group, has agreed to offload its healthcare services business to funds affiliated with Baring Private Equity Asia (BPEA) for $1.2 billion. The healthcare services business involved in the deal supports payer, laboratories, providers, durable medical equipment companies, and pharma companies with solutions that […]
Intertek Group, a British assurance, inspection, product testing, and certification company, has agreed to acquire Australia-based assurance services provider SAI Global Assurance from Baring Private Equity Asia for AUD855 million ($664.83 million) in cash. SAI Global Assurance is part of the larger SAI Global Group, a provider of risk, governance, and compliance management solutions, which […]