Private equity giant KKR has signed a definitive agreement to pick up a controlling stake in cancer care hospital chain Healthcare Global Enterprises (HCG) from CVC Asia V for $400 million ...

The deal gives KKR up to 77% ownership, and Dr. BS Ajaikumar will take on a new role as Non-Executive Chairman. KKR will be buying 54% of HCG from CVC at Rs 445/share, an 11% discount to Friday’s ...

The Food and Drug Administration is advising consumers to avoid HCG weight-loss products. These products are typically sold in the form of oral drops, pellets and sprays, and can be found online ...