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Assura switches to favouring PHP merger over KKR buy-out

UK healthcare real estate investor Assura has changed its mind between the two suitors vying to acquire it. The REIT’s board is now recommending its shareholders accept a sweetened £1.79 billion (~€2.1 billion) offer from Primary Healthcare Properties (PHP), its main competitor as the only other UK healthcare REIT focused on primary care assets. This comes just two weeks after it said it was accepting a ‘final’ £1.7 billion (~€2 billion) cash offer from US PE firms KKR and Stonepeak.

FREE BLOG Is there a new way forward for cycle tracking apps?

Menstrual cycle tracking apps (CTAs) have a history of selling female health data to third parties for large profits. In the face of increasingly strict regulations around sensitive data, there may be room to improve the current reproductive health data landscape through careful consideration of best practice and compliance with legislation such as GDPR. For […]

AI scribes will have to get medical device certification in UK

The NHS has declared that any AI tool used for clinical summarisation now falls under medical device regulation, meaning scribes will have to get certification in the UK. While the need for safety is clear, this increased regulation could create barriers to innovation, slow down processes and cause concern among developers and those invested in […]

CVC, KKR and Macquarie shortlisted to acquire minority stake in Luz Saúde

Private equity firms CVC Capital Partners, KKR, and Macquarie, have been shortlisted to compete for a minority stake of Luz Saúde, one of Portugal’s largest private healthcare groups. Fidelidade reportedly intends to sell between 30% and 49% of Luz Saúde, with the receipt of binding offers expected in July, and the deal to close before […]

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