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Metropolis kicks off IPO, targets $175m

Indian lab group Metropolis kicked off its IPO yesterday (Wednesday, April 3). It hopes to raise Rs 1,200 crore ($175m). We speak to an India-based market expert about the move.

Manipal shows ambition amidst glut of Indian hospital exits

Indian hospital group Manipal Hospitals will soon have financial backing from three of the world's largest investors, with its chairman citing ambitious growth plans after failing to acquire Fortis last summer. A handful of smaller hospital groups across the country are likely to trade soon. Private equity group Blackstone looks set to invest $450m in […]

Palcare expands to Ecuador

Argentinian medicalised homecare provider Palcare has expanded to Ecuador and is exploring four other Latam markets. 

Orpea advances in Latin America

Orpea, Europe's second-largest nursing home operator by revenue, has made big strides in Latin America, with acquisitions in Chile, Brazil and Uruguay in 2018. We speak to a market expert about its expansion, with a focus on Brazil, and its full-year results published this week.

Saudi Ministry of Health seeks more dialysis providers

Saudi Arabia's Ministry of Health is looking for more international operators to provide dialysis services across the Kingdom, despite having recently renewed contracts with Diaverum and DaVita. Local sources tell HBI that the Ministry wants international operators to help fill the supply gap in the Kingdom. The number of patients needing dialysis is expected to […]

Profit and revenue up at IDH despite challenging environment

LSE-listed Integrated Diagnostics Holdings (IDH) has released its full-year results showing substantial growth in profits, revenue and EBITDA. The lab group, which was brought to IPO by CEO Hend el Sherbini in 2015 and is present in Egypt, Jordan, Sudan and Nigeria, has added an additional 40 branches to its network in the last year, […]

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