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Europa Stream

 

AXA UK acquires HBSUK

Insurance company AXA UK has acquired healthcare services provider HBSUK. It shows how the group is pursuing a wider remit than traditionally expected of insurance companies.

The new way to consolidate?

Consolidation has been the primary way that PE-backed private health care groups have grown in Europe. A lot of the low hanging fruit has now been picked. But canny investors are adopting new models to open up new consolidation opportunities.

Dallah Health eyeing strategic expansion in Saudi Arabia

Listed Saudi hospital group Dallah Health is eyeing strategic expansion in Saudi Arabia as part of its dual aims of becoming the leading healthcare provider in the Kingdom and helping to position the country as a leading medical tourism destination. Its strategic expansion is part of its efforts to support the national Vision 2030.

Medicharme enters liquidation

Medicharme, a medium sized French nursing home group owned by UK PE investor G Squared, has entered liquidation. The company became insolvent due to rising costs and low occupancy. The company's 43 facilities will continue to operate as normal for the time being. Takeover offers for the facilities will be examined by the courts on March 21.

San Donato may be preparing to IPO

Rumours are circulating that San Donato, Italy’s largest for-profit hospital group, is about to IPO. HBI speaks to an Italian market expert to see how likely this is.

Orpea issues reverse share split

Embattled French nursing home group Orpea has announced it will pursue a reverse share split on all outstanding company shares. This means current shares which are valued at around €0.01 each will be exchanged for new shares valued at €10 each, at an exchange rate of 1,000-for-one.

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