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Korian acquires minority stake in Italian group

In line with Korian's ambitions to become a 'one-stop shop' for elderly care, the company has acquired a 42% stake in Italian domiciliary and residential care provider Over, the services of which will be managed through an online portal.
December 19, 2019

Veritas Genetics stalls in the States

Veritas Genetics, the US startup pioneering the sequencing of entire genomes, has ceased operating in the US, putting a spotlight on the future of its European and LATAM operations. The news comes following a price cut in the States which was designed to bring more customers onboard, but it seems its direct-to-consumer model struggled as […]
December 19, 2019

NMC Health share price plummets 25% on Muddy Waters short note

London-listed EMEA healthcare group NMC Health saw a 25% fall in its share price on Tuesday, December 17, as research firm Muddy Waters, founded by renowned short seller Carson Block, published a negative report on the company. NMC Health says the assertions appear "principally unfounded, baseless and misleading, containing many errors of fact."
December 17, 2019

Tertianum sells to Swiss PE

Assisted living opco Tertianum, Switzerland's largest nursing home provider by revenue, has been sold to a Swiss private equity company, its owner, listed real estate investor Swiss Prime Site (SPS), has announced.
December 13, 2019

Is a Finnish care crisis on the cards?

This year has seen capacity growth in Finnish elderly care "collapse" after the sector was shaken by scandals at some of the country's largest operators. With an increasingly elderly population in need of more accommodation and a public system unable to fund them, is the Finnish system facing a crisis in care?
December 12, 2019

Swiss Prime Site’s Tertianum for sale

Listed real-estate investor Swiss Prime Site (SPS) has put its assisted living opco Tertianum for sale. We speak to an advisor following this space and hear from Credit Suisse, appointed to advise on the deal, about the Swiss residential care market.
December 12, 2019
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