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Dr Agarwal plans further African expansion

The Indian eye care chain Dr Agarwal won’t cure its itchy feet, and after opening in two new African countries this summer has taken its total investment on the continent to US$15m. Managing director S. Rajagopalan told Healthcare Nova at the African Health Business Symposium in Kenya how it makes money on a continent where it's now reached one million patients.
October 13, 2016

Medicover buys in Romania

Pan-European corporate healthcare provider Medicover is entering Pitesti, Romania, after buying a majority stake in a local operator.
October 4, 2016

Kos and Apollo open rehab hospital in India

Italy's largest care provider Kos and India's largest hospital group Apollo Hospitals have opened a 64-bed rehab hospital in Hyderabad in an equal joint venture. Could this lead to a network of rehab facilities across India?
October 4, 2016

Krishna-KIMS to IPO

The Krishna Institute of Medical Sciences (KIMS), which provides super-specialty care in Hyderabad and the nearby region of Andhra Pradesh, wants to become the latest Indian group to IPO. KIMS has reportedly hired three investment banks to manage the sale and will release its prospectus at the end of the year.
September 12, 2016

Fresenius Medical Care to launch 200-clinic network in India

Fresenius Medical Care (FMC) is to grow its service platform in India after buying the country’s second largest clinic network Sandor Nephro Services. It is hoping to launch a large 200-clinic network and to obtain PPP contracts for centres in district hospitals, according Jan Walter, SVP Central Asia Pacific for Fresenius Medical Care.
September 8, 2016

FREE BLOG Africa, India and an interesting conference

African unity has proved a somewhat elusive concept. So it is interesting to note that October sees the first Africa Health Business Symposium (AHBS) on October 6-8 in Nairobi, Kenya which brings together private healthcare associations and operators from across Africa. Several themes are sure to emerge – the importance of India, PPPs and how far […]
August 26, 2016

Indian hospital group in talks for $75m investment

Private Equity firm KKR is talking with Mumbai-based Radiant Life Care about investing Rs 500 crore ($75m). Healthcare Nova understands that Radiant would use the funds to expand facilities, and refinance existing debt raised in Singapore.
August 26, 2016

India’s SRL and Fortis to “uncouple”

Fortis Healthcare and SRL Diagnostics, India’s second largest hospital group and largest lab group respectively, are demerging so private equity investors can exit and it can offer specialised hospital and lab stock picks. SRL’s CEO Sanjeev Vashista told Healthcare Nova SRL has eight years left on its contracts with Fortis, which will, in any case, remain a majority shareholder.
August 24, 2016
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