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Nova Stream

Vietnam attracts foreign operators – but why?

Two weeks ago, Singapore Medical Group (SMG), which owns 23 clinics in Singapore, bought a minority stake into City Clinic Asia, another Singaporean operator, in the hope to develop two clinics in Vietnam. Hien Nguyen Luong, director at PwC in Vietnam, says the country is increasingly appealing to foreign investors.

January 16, 2017

New funding still long way off for soon-to-be profitable MyDentist

MyDentist, the second largest chain of dental clinics in India, is reported to be looking to raise US$20m from a third funding round. Vikram Vora, CEO of MyDentist, tells Healthcare Nova that its still early days to be talking about a deal – and he expects to make a group-level profit for the first time this quarter.

January 16, 2017

Interview: Hisham Moussa, MD of Abraaj, on partnering with diagnostic chain in Pakistan

The Abraaj Group has partnered with Islamabad Diagnostics Centre, a leading diagnostics chain in Pakistan. But what is its plan for Pakistan - and beyond? Are they looking to IPO eventually, or build a network of integrated services? Healthcare Nova speaks to managing director Hisham Moussa.

January 11, 2017

Abraaj Group partners with diagnostics business IDC in Pakistan

Dubai-based private equity investor The Abraaj Group announced today (January 11) that it has partnered with Islamabad Diagnostics Centre (IDC), a leading diagnostics chain in Pakistan.

January 11, 2017

European diagnostic imaging specialist confirms it has an eye on LATAM, following Spanish acquisition

As predicted by Healthcare Europa last week, Affidea, the pan-European diagnostic imaging and cancer care provider, has confirmed it is considering entering the LATAM arena.

January 10, 2017

Fortis sale could prevent SRL public listing – and Bain joins the race

The public listing of the Indian diagnostic group, SRL, via a reverse merger with its sister company Fortis Malar, could be pulled if the sale of its parent, Fortis Healthcare, to private equity goes through. That, at least, is what is being speculated in the Indian press.

January 9, 2017

FREE BLOG To boldly go – a new way of delivering primary care

New technology often seems strange when it's first unveiled, and it's hard to say whether it's going to take off or not – and whether the general public will take to it.

January 9, 2017

Beijing paediatric hospital operator New Century Healthcare to IPO

Beijing-based paediatric hospital operator New Century Healthcare is looking to raise HK$1bn (US$129m) in an IPO on the HK stock exchange this month. The group hopes to use the proceeds for expansion in tier-one cities in China.

January 6, 2017

Spanish hearing specialist Gaes seeks investor ahead of expansion

Spain-based hearing aid specialist Gaes, which runs a network of 600 centres in Spain, Portugal, Turkey and South America, is looking for an external investor to fund its expansion projects.

January 6, 2017

Abraaj sets its eyes on India’s Medall

The Abraaj Group, a private equity investor based in Dubai, and the owner of India’s CARE Hospitals, is close to a deal for the south Indian diagnostic group Medall according to reports in the local press.

January 6, 2017

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