Will the Agilus Diagnostics IPO be revived? IHH Healthcare
WEB5 days ago · With regards to the underperformance of Agilus diagnostics versus peers, Nair said this year has been one of consolidation, with operational metrics already showing improvement. The IHH Healthcare CEO also said that while Agilus may not seek monetization through an IPO, it remains a vital part of …
Fortis Healthcare to buy out PE funds from diagnostics arm Agilus
WEBAug 8, 2024 · Fortis Healthcare has acquired a 34% stake in Agilus Diagnostics from private equity firms Jacob Ballas and IFC. This transaction valued Agilus at around ₹5,000 crore and increased Fortis's holding from 57% to 91%.
SRL Diagnostics rebrands as Agilus Diagnostics - The Economic Times
WEBMay 27, 2023 · SRL Diagnostics, subsidiary of Fortis Healthcare and one of India’s leading diagnostic chains, on Saturday said it has rebranded itself as Agilus Diagnostics. Agilus is inspired by the Latin term, agilis which stands for ‘agility’.
Fortis to acquire additional 31% stake in Agilus for ... - CNBCTV18
WEBSep 4, 2024 · Healthcare services chain Fortis Healthcare is set to acquire an additional 31.8% stake in its diagnostic arm Agilus Diagnostics for ₹ 1,778 crore, according to MD & CEO Ashutosh Raghuvanshi.
Fortis Healthcare to Acquire 31% Stake in Agilus Diagnostics for …
WEBAug 9, 2024 · Fortis Healthcare is set to acquire a 31% stake in its diagnostic arm, Agilus Diagnostics, for INR 1,780 Cr, valuing the company at INR 5,700 Cr. The stake is being sold by private equity (PE) players through the exercise of a put option, marking a significant move in Fortis’s strategy to consolidate its position in the diagnostics sector.
Fortis Healthcare to Acquire 31% Stake in Agilus Diagnostics for …
WEBAug 9, 2024 · Fortis Healthcare has announced plans to acquire a 31% stake in Agilus Diagnostics, its diagnostic subsidiary, for INR 1,780 crore, positioning the company for further consolidation in the diagnostics sector.
Fortis Healthcare plans stake acquisition in Agilus Diagnostics
WEBAug 9, 2024 · Fortis Healthcare has announced plans to acquire a 31% stake in its diagnostic arm, Agilus Diagnostics, for Rs17.8bn ($211.99m). This transaction places Agilus’s valuation at Rs57bn.
Agilus Diagnostics files draft papers with Sebi to raise funds via IPO
WEBSep 30, 2023 · Agilus Diagnostics, formerly known as SRL Ltd, is one of the largest diagnostics service providers in terms of number of laboratories and the second largest in terms of revenue from operations in India, as of financial year ended March 31, 2023, according to a Crisil report.
IHH Healthcare CEO: We intend to stay and grow in India with …
WEB5 days ago · Discussing the Agilus IPO, Nair explained that the diagnostic business plays a crucial role in supporting large healthcare organisations. In countries like Singapore, Malaysia, and Turkey, the company's labs are significant …
Agilus Diagnostics files DRHP with SEBI to raise funds via IPO
WEBSep 30, 2023 · Diagnostic service provider, Agilus Diagnostics, formerly known as SRL, filed its draft red herring prospectus (DRHP) with SEBI to raise funds through its initial public offering (IPO).