Healthcare Global

Aug 26 (Reuters) - Swedish healthcare provider Medicover's MCOVb.ST India business is on track to have all 25 hospitals in its network become profitable within 18 months, driven by rising occupancy and demand for specialised care, a top executive told Reuters on Wednesday.

Earlier this month, global investment firm KKR KKR.N signed a deal to buy Medicover's India business for €1.2 billion ($1.40 billion), pending regulatory approvals.

($1 = 0.8573 euros)

(Reporting by Rishika Sadam and Kashish Tandon; Editing by Janane Venkatraman)

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Aug 6 (Reuters) - Healthcare Global Enterprises Limited HEAC.NS:

• HEALTHCARE GLOBAL ENTERPRISES LIMITED JUNE-QUARTER CONSOL NET PROFIT 137.7 MILLION RUPEES

• HEALTHCARE GLOBAL ENTERPRISES LIMITED JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 6.93 BILLION RUPEES

Further company coverage: HEAC.NS

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Aug 4 (Reuters) - Healthcare Global Enterprises Limited HEAC.NS:

• HEALTHCARE GLOBAL ENTERPRISES LTD - TO ACQUIRE 26% EQUITY STAKE IN EPIC VIGHNAHARTA RENEWABLE ENERGY FOR 3.8 MILLION RUPEES

Source text: [ID:]

Further company coverage: HEAC.NS

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May 19 (Reuters) - Healthcare Global Enterprises Ltd HEAC.NS:

• HEALTHCARE GLOBAL ENTERPRISES - LAUNCHES CANCER HOSPITAL WITH UP TO 132 BEDS IN HEBBAL, BENGALURU

Source text: ID:nBSE4ngg11

Further company coverage: HEAC.NS

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Feb 24 (Reuters) - Healthcare Global Enterprises Ltd HEAC.NS:

• RIGHTS ISSUE UP TO 4.25 BILLION RUPEES APPROVED

• RIGHTS ISSUE PRICE AT 512 RUPEES/SHARE, RATIO IS 1 SHARE FOR EVERY 17 SHARES

Source text: ID:nBSE4jylYH

Further company coverage: HEAC.NS

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Feb 17 (Reuters) - Healthcare Global Enterprises Ltd HEAC.NS:

• HEALTHCARE GLOBAL ENTERPRISES LTD - APPROVES EQUITY SHARES ISSUANCE FOR 4.25 BILLION RUPEES

• HEALTHCARE GLOBAL ENTERPRISES LTD - ISSUANCE OF EQUITY SHARES VIA RIGHTS ISSUE

Source text: ID:nBSE3c7jHs

Further company coverage: HEAC.NS

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** Investment by U.S. private equity firm KKR KKR.N to acquire controlling stake in Healthcare Global Enterprises HEAC.NS will bring in more operational, financial efficiency, PL Capital says

** Brokerage raises HEAC's PT to 555 rupees from 535 rupees, maintains "buy" rating

** Expects KKR to drive growth in the cancer care provider through bed expansion, assets' rationalization, margins expansion

** Co's asset-light approach with focus on partnerships has made its model more capital efficient, scalable, PL Capital says

** Stock last down 1.5% amid broader market rout

(Reporting by Aleef Jahan in Bengaluru)

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** Shares of Healthcare Global Enterprises HEAC.NS rise 3.5% to 517 rupees

** The healthcare services provider said U.S. private equity firm KKR to acquire controlling stake in co for $400 million

** KKR will initially acquire a 51% stake in HEAC, with an option to purchase an additional 3% if its open offer for a further 26% stake is unsuccessful

** More than 374,000 shares change hands, 1.3x its 30-day avg

** Five analysts covering the stock on avg have a "buy" rating; median PT is 546 rupees - LSEG data

** Healthcare Global stock has gained 4% so far this year

(Reporting by Ashna Teresa Britto in Bengaluru)

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July 2 (Reuters) - Healthcare Global Enterprises Ltd HEAC.NS:

• HEALTHCARE GLOBAL ENTERPRISES- ACQUISITION OF SHARES OF VIZAG HOSPITAL AND CANCER RESEARCH CENTRE

• HEALTHCARE GLOBAL ENTERPRISES LTD- COST OF ACQUISITION OF 51% STAKE AT 2.08 BILLION RUPEES

• HEALTHCARE GLOBAL ENTERPRISES- COST OF ACQUISITION OF ADDITIONAL 34% STAKE AT 1.55 BILLION RUPEES

Source text for Eikon: ID:nBSE4bgLbx

Further company coverage: HEAC.NS

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June 28 (Reuters) - Healthcare Global Enterprises Ltd HEAC.NS:

• HEALTHCARE GLOBAL ENTERPRISES LTD -ENTERED INTO AGREEMENT WITH VIZAG HOSPITAL

• HEALTHCARE GLOBAL ENTERPRISES - CO HAS AGREED UNDER PROVISIONS OF SPA TO ACQUIRE 51% OF EQUITY SHARE CAPITAL IN VIZAG HOSPITAL

• HEALTHCARE GLOBAL ENTERPRISES LTD - CO WILL ACQUIRE BALANCE 49% STAKE IN VIZAG HOSPITAL IN TRANCHES

• HEALTHCARE GLOBAL ENTERPRISES - COST OF ACQUISITION OF 51% OF EQUITY SHARE CAPITAL OF VIZAG HOSPITAL AT 2.08 BLN RUPEES

• HEALTHCARE GLOBAL ENTERPRISES - COST OF ACQUISITION OF ADDITIONAL 34% OF EQUITY SHARE CAPITAL OF VIZAG HOSPITAL AT 1.56 BLN RUPEES

Source text for Eikon: [ID:]

Further company coverage: HEAC.NS

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-- Note: Reuters has not verified this story and does not vouch for its accuracy

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Nov 9 (Reuters) - Healthcare Global Enterprises Ltd HEAC.NS:

• INDIA'S HEALTHCARE GLOBAL ENTERPRISES SEPT-QUARTER CONSOL NET PROFIT 135.7 MILLION RUPEES VERSUS 73.8 MILLION RUPEES

• HEALTHCARE GLOBAL ENTERPRISES SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 4.86 BILLION RUPEES VERSUS 4.19 BILLION RUPEES

Source text for Eikon: ID:nBSEbngsxM

Further company coverage: HEAC.NS

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Nov 8 (Reuters) - Healthcare Global Enterprises Ltd HEAC.NS:

• HEALTHCARE GLOBAL ENTERPRISES LTD - DECIDED NOT TO PURSUE BTA ARRANGEMENT WITH RADIANT HOSPITAL SERVICES

• HEALTHCARE GLOBAL ENTERPRISES LTD - CO EXPLORING OTHER FEASIBLE OPTIONS, FOR OPERATING CANCER CENTRE IN SAMBALPUR

Source text for Eikon: ID:nNSEbLYGCL

Further company coverage: HEAC.NS

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BENGALURU, Sept 26 (Reuters) - Private equity firm CVC Capital Partners is considering to sell 60.4% stake in Indian cancer hospital chain HealthCare Global Enterprises HEAC.NS, Bloomberg News reported on Tuesday, citing people familiar with the matter.

(Reporting by Kashish Tandon in Bengaluru; Editing by Shinjini Ganguli)

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Aug 18 (Reuters) - Healthcare Global Enterprises Ltd HEAC.NS:

• SRINIVASA V. RAGHAVAN WILL CEASE TO BE CFO EFFECTIVE AUG 20

• NAMES RUBY RITOLIA AS CFO

Source text for Eikon: ID:nNSE7551bL

Further company coverage: HEAC.NS

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July 18 (Reuters) - Healthcare Global Enterprises Ltd HEAC.NS:

• HEALTHCARE GLOBAL ENTERPRISES LTD - NAGPUR CANCER HOSPITAL & RESEARCH INSTITUTE, CO AND HCG NCHRI LLP ENTERED INTO A PARTNERSHIP TRANSFER AGREEMENT

Source text for Eikon: ID:nBSE1mMJC5

Further company coverage: HEAC.NS

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July 6 (Reuters) - Healthcare Global Enterprises Ltd HEAC.NS:

• CO ENTERED INTO SHARE PURCHASE AGREEMENT WITH SHAREHOLDERS OF NCHRI FOR ACQUIRING ENTIRE STAKE IN NCHRI

• COST OF ACQUISITION OF ENTIRE SHARES IN NCHRI WOULD BE 141 MILLION RUPEES

Source text for Eikon: ID:nNSE8nKZ5V

Further company coverage: HEAC.NS

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** Shares of Healthcare Global Enterprises Ltd HEAC.NS rise as much as 3.49% to 304 rupees

** Uptick after co, which provides cancer care services, says it is considering potential inorganic restructuring of its operations in Nagpur city

** HEAC to consider increasing its stake in HCG NCHRI Oncology LLP

** Also evaluating greenfield and brownfield opportunities in Madhya Pradesh state

** Trading volume is 128,178 shares as of 12:40 p.m. IST, 1.1x the 30-day avg - Refinitiv data

** All eight analysts tracking HEAC maintain "buy"; median PT is 375 rupees

(Reporting by Bharath Rajeswaran in Bengaluru)

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May 25 (Reuters) - Healthcare Global Enterprises Ltd HEAC.NS:

• INDIA'S HEALTHCARE GLOBAL ENTERPRISES MARCH-QUARTER CONSOL NET PROFIT 83.7 MILLION RUPEES VERSUS 59.9 MILLION RUPEES

• HEALTHCARE GLOBAL ENTERPRISES MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 4.41 BILLION RUPEES VERSUS 3.64 BILLION RUPEES

Source text for Eikon: ID:nBSE9ff4wn

Further company coverage: HEAC.NS

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