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Final week for bids on Penta Hospitals

Questions are surrounding the ongoing stake sale process for pan-CEE hospital chain Penta Hospitals International (PHI). Owner Penta Investments director Václav Jirků tells HBI that remaining bids are to be received by next week and rejects rumours it may pull the process entirely.
May 6, 2021

Synlab still trading at low end of IPO range

Synlab's shares have continued to trade in the lower end of the IPO price range since it took to the Frankfurt Stock Exchange last Friday, April 30, opening flat and now around 3% up.
May 6, 2021

HBI Deals+Insights briefing June 2021: Intelligence members

Click here to see your Deals+Insights June 2021 We’re soon expecting a flood of M&A so June’s edition looks at the potential pipeline, including Dental Partners, Home Instead and a Mitsui buyout of IHH. COVID-19 recovery is proving harder than expected with German hospitals making mass layoffs and the EU countries pumping €50bn into healthcare […]
May 2, 2021

EU countries to pump €50bn into health and social reform recovery plans

EU countries have already earmarked over €47bn euros to spend on health care from the €672bn Recovery and Resilience Facility (RRF), the continent's centrepiece of COVID-19 recovery. Digital innovation, primary care and long-term care are clear spending priorities across the board. We should know the full allocations next week.
April 29, 2021

Kaia Health raises $75m to develop motion tracking solution

Europe's most funded digital therapeutics start-up Kaia Health has raised a $75m Series C bringing its total amount raised to date to over $100m. CEO Konstantin Mehl tells HBI it will be spent on building the commercial team in Germany and the States as well as developing its motion detection solution used for treating chronic pain on mobile phones.
April 28, 2021

India’s Covid crisis to peak ‘for another two weeks’

Indian hospitals are struggling and failing to cope with the ruinous COVID-19 wave running rife through the country. As resources dwindle and the international community steps up efforts to assist, HBI talks to an exhausted Delhi-based for-profit hospital operator source who is on the frontlines. He says their modelling predicts another two weeks of intense pressure.
April 28, 2021

UK infra investors buy 650 retirement homes for £200m

A new joint venture between investment groups John Laing and Macquarie has agreed to acquire 650 retirement home properties from the country's biggest retirement home developer & operator McCarthy & Stone, for a total of £200m (€230m). 
April 27, 2021
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