Job applications for social care have dropped off a cliff in the UK as the economy starts to open up, according to an operator. Groups in Germany, France, the Netherlands and Austria say they are still seeing a surge.
Court documents reveal that the administrators of UAE's largest hospital group NMC Health are expecting a formal vote on the restructuring deal in June, as the process is held up by a complex legal case.
Global dialysis provider Fresenius Medical Care has issued bonds with an aggregate principal amount of US$1.5bn across two tranches. The proceeds will be used for general corporate purposes, including the refinancing of outstanding indebtedness.
Japanese conglomerate Mitsui is considering a buyout and de-listing of IHH Healthcare, the $13.4bn-valued pan-Asian hospital operator in which it holds a 32% stake, according to reports. Its share price has declined in the last five years amidst perennial problems in Turkey and India.
Morocco's largest hospital group Akdital Holding is expanding nationwide ahead of its plans to file for IPO. The group is going public to finance its international expansion.
Recovery in the Nordic social care market is happening slower than expected as provider Ambea expects a hit on revenues and profits in Q1 to continue in the second quarter. Sweden has been particularly badly hit with EBITA down in both its elderly care and disabled care segments.
Questions are surrounding the ongoing stake sale process for pan-CEE hospital chain Penta Hospitals International (PHI). Owner Penta Investments director Václav Jirků tells HBI that remaining bids are to be received by next week and rejects rumours it may pull the process entirely.
Click here to see your Deals+Insights June 2021 We’re soon expecting a flood of M&A so June’s edition looks at the potential pipeline, including Dental Partners, Home Instead and a Mitsui buyout of IHH. COVID-19 recovery is proving harder than expected with German hospitals making mass layoffs and the EU countries pumping €50bn into healthcare […]
Greek hospital operators and insurers are mulling over the implications of CVC's acquisition of the largest private medical insurer in Greece. The private equity investor already owns most of the top hospitals.
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