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Europa Stream

 

Saudi Arabia’s SMC Hospitals eyes IPO

Saudi Arabian healthcare group SMC Hospitals is planning an initial public offering in Riyadh, as part of a trend of healthcare firms going public in the kingdom.

Four Seasons sells remaining 46 care homes for £241m

UK care home group Four Seasons has found buyers for the opco and propco of its 46 remaining care homes, bringing to an end the years-long liquidation process for what used to be the UK’s largest private elderly care home provider.

emeis’ share price rises 34% after release of annual results

Pan-European listed French nursing home group emeis may have turned a corner in its long recovery from the scandal that hit the company in 2022. Its share price has climbed 34% since the release of its annual results on February 6, which emphasised improving occupancy and resident satisfaction despite net profit still being negative.

Assura rejects fourth takeover offer from KKR

Listed UK healthcare REIT Assura has rejected a fourth offer from US PE firm KKR. The most recent bid was a joint offer from KKR and UK pension fund Universities Superannuation Scheme (USS) of £1.56 billion (~$2 billion). Assura says this undervalues the REIT.

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