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Columbia Pacific Management sells Southeast Asian business and targets Africa

Seattle-based Columbia Pacific Management has agreed to sell Columbia Asia's Southeast Asia hospitals for $1.2bn cash and has kicked off a separate sale process for the Indian hospitals, sources familiar with the matter tell us. It is also planning to replicate its Asian success story in Africa, starting in Kenya, HBI can exclusively reveal.

Schoen trims management team

Germany's fifth-largest hospital group Schoen Klinik is overhauling its management team, with five managing directors to go by the end of 2019.

IHH buys hospital from major shareholder

Pan-Asian hospital group IHH Healthcare Berhad is further consolidating its strong position in Malaysia with the acquisition of a substantial private medical centre in its capital, Kuala Lumpur.

French lab group seeks €400-500m sale

The owners of France's sixth biggest lab group Laborizon are reportedly selling a majority stake in the company, we hear, with first-round bids due Friday, September 27.

Crisis in the UAE’s private hospital sector

A large private hospital in the UAE closed this week, as a tougher payor climate because of the A-class expat exodus hits the sector, HBI is told. Another source says that some groups may have over-extended themselves trying to keep up with a dominant NMC Health.

Insurers in Croatia trying to verticalise polyclinics

HBI hears that some of Croatia's private health insurers have been buying polyclinics in a bid to verticalise the outpatient market, but an investor says that it can be difficult to make the model work.

Big hospital deals in Asia close to completion

A deal to buy pan-southeast Asian hospital group Columbia Asia has reportedly been agreed, while The Philippines' largest private hospital group's dual-track process is rolling on with a prospectus filed and second-round bids in.

Hirslanden offloads hospital to rival

Mediclinic-owned Swiss hospital group Hirslanden is selling a small hospital to rival Swiss Medical Network (SMN) in an opco-propco deal. We are told that most of the transaction value is in the real estate.

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