HealthCare Global Enterprises Limited (NSEI:HCG) agreed to acquire 10% stake in Cancer Care Kenya Limited for approximately KES 100 million on November 12, 2025. A cash consideration of KES 101.44 million will be paid by HealthCare Global Enterprises Limited. As part of consideration, KES 101.44 million is paid towards common equity of Cancer Care Kenya Limited.
For the period ending March 31, 2025, Cancer Care Kenya Limited reported total revenue of KES 637.69 million and net income of KES 162.49 million.
The transaction is subject to approval by regulatory board / committee and approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is November 12, 2025 to March 31, 2026.
HealthCare Global Enterprises Limited is an India-based cancer care provider. The Company is a provider of specialty healthcare focused on cancer and fertility. The Company operates cancer care network in India in terms of the total number of private cancer treatment centers under the brand HCG. The Company also provide fertility treatment under its Milann brand. Its Milann fertility centers provide reproductive medicine services, including assisted reproduction, gynecological endoscopy and fertility preservation; and follow a multidisciplinary and technology focused approach to diagnosis and treatment. The Triesta brand, it offers oncology diagnostics, biomarker and translational research, and laboratory services. The Company also operates comprehensive cancer care center in Indore, Madhya Pradesh. The Company is also engaged in radiation business in Indore, Madhya Pradesh.
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