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Europa Stream

 

Two bidders left for Ramsay Sime Darby, as CVC buys Filipino hospital chain

South East Asia is continuing to see much more large-scale M&A activity than Europe. The sale of Malaysian and Indonesian hospital group Ramsay Sime Darby is reaching its final stages, with only two bidders reportedly left in the running. Meanwhile, Luxembourg-based PE firm CVC Capital Partners has bought a controlling stake in The Medical City (TMC), the Philippines' most expansive hospital group in terms of outpatient clinic footprint.
November 2, 2023

Bankruptcies, closures, and scandals: the bleak state of European nursing homes

Across Europe, nursing homes are in crisis. Between scandals in France, insolvencies in Germany, the threat of regulation in Spain, and fair fee woes in the UK, HBI hears that the nursing home sector is the least attractive healthcare services sector for investors. Are things really that bad - and is the threat of mass bankruptcies real?
October 27, 2023

Cerba to enter Saudi Arabia

Multinational French labs group Cerba is to enter the Saudi market, via a joint venture with Nexus Gulf Healthcare (an investment firm in the region) that will be headquartered in Riyadh.
October 27, 2023

Lapland council votes to keep Mehilainen outsourcing contract – just

Councillors in Finland’s Lapland region decided by a majority of just one vote on Monday to keep an outsourcing contract with the country's largest for-profit health group, Mehilainen. This comes after a board of regional civil servants decided the contract should be ended, while almost 7,000 locals signed a petition in favour of keeping it. HBI speaks to Jussi Rantanen, a senior advisor to Mehilainen, to find out more.
October 27, 2023

Voyage Care seeks new CEO and CFO

Voyage Care, the UK’s largest provider of support for people with learning disabilities by revenue, is on the hunt for a new CEO and CFO. Andrew Cannon - who has served as CEO for the last eight years - will remain in position until a successor has been found.
October 26, 2023

Spain’s access problems bleed into private sector

Spain has a record low number of primary care centres, and is splashing €1bn+ over the next two years to try and stop the rot. HBI hears that more value health initiatives, video triage and AI chatbot usage could be part of the solution.
October 26, 2023

Saudi dentists fired for cheaper replacements

Saudi dentistry is seeing significant revenue growth, but HBI hears there are teething problems with significant numbers of experienced clinicians being kicked out in favour of less qualified - and cheaper - new graduates.
October 26, 2023

Should new Slovakian government worry investors?

Robert Fico has formed a government in Slovakia. The former prime minister, who leads the centre-left populist party SMER, has formed a coalition with Hlas and the nationalist SNS Party. Given his track record, this could worry investors. Should it?
October 20, 2023
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