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Aster DM may reduce IPO valuation

GCC-based hospital operator Aster DM may be looking to refile for an IPO in the next couple of weeks, but at a lower valuation.

Court freezes Medsi assets

Russian private national healthcare chain Medsi, owned by Russian conglomerate Sistema, had its assets frozen by a Russian court on Tuesday following legal action by state-backed oil giant Rosneft.

Could Abraaj be ditching Kenya for Nigeria?

Private equity, venture capital and real estate investment firm Abraaj Group may be pulling out of a proposed partnership with Indian-based multi-speciality hospital chain Narayana, the IFC and local surgeons in Nairobi - and could have its sights set on two hospitals in Lagos.

CDC closes in on two Asian deals

The UK government’s private equity arm has told Healthcare Nova it’s undertaking due diligence on one Indian healthcare group, and another healthcare group elsewhere in Asia.

Interview: Meena Ganesh, serial entrepreneur behind Portea

How do you convince investors to lend you $46.5m to build a homecare business, when you’ve no experience as a healthcare operator? Healthcare Nova speaks to serial entrepreneur Meena Ganesh, CEO and one half of the dynamic husband and wife duo behind Portea in India, and asks her how she built the business, and about Portea’s plans for the future.

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