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Singapore media group enters healthcare market – and more acquisitions may follow

Singapore Press Holdings (SPH) is to acquire nursing home chain Orange Valley Healthcare for S$164m. Private equity house KV Asia Capital will sell all equity shares and intellectual property of Orange Valley, which it acquired in April 2014, in an all-cash debt free deal. Orange Valley's net asset value of S$71 million as at March 2017 represents a multiple of approximately 2.3.

Interview: Neil van Heerden, Chief Marketing Officer at Caremondo and FairMed Online

Singapore-based second opinions group FairMed Online bought the Munich-based Caremondo medical tourism agency three months ago. That gives FairMed control over a patient pathway that stretches from a new diagnosis to treatment - but also across the world. Neil van Heerden, chief marketing officer at FairMed, told us what’s next for the rapidly growing online player.

Aetna looks to emerging markets

Giant US healthcare insurer Aetna looks set to put its foot on the accelerator pedal in emerging markets. Dr Sneh Khemka, Senior Vice President of International Population Health Solutions at Aetna International, says Aetna has plans to rollout telehealth services in the coming year – and it seems that it has some large markets in its sights. Dr Sneh Khemka, Senior Vice President of International Population Health Solutions at Aetna International, would neither confirm nor deny that to be the case, but he was happy to talk about Aetna’s plans to rollout telehealth services in the coming year – and it seems that Aetna has some large markets in its sights.

Interview: Dr Susann Roth, Senior Social Development Specialist, Asian Development Bank

The Asian Development Bank (ADB) lends more than US$16bn to projects across the continent each year, primarily in the infrastructure field. Last year, just US$0.34bn of that lending went to health - but that is set to change as the bank's interest in social sectors is growing. So what role does the bank believe the private sector should play in the region's health systems? How will they achieve universal health coverage (UHC)? And how good is existing regulation? These are the questions we put to Susann Roth, a German doctor and public health specialist who has been with the bank for more than seven years.

Singapore healthcare provider Fullerton aborts IPO

Singapore healthcare provider Fullerton has deferred its long-awaited IPO after a wave of complaints surrounding its business model, citing uncertain market conditions. We speak to Vivek Jetley, CEO of advisory firm Urbana Health.

Fullerton to delay IPO after regulatory queries

Singapore-based operator Fullerton Healthcare is delaying its IPO due to regulatory concerns. The group, which offers outpatient services to corporate clients and operates a large network of associated clinics, is due to list on the Singapore Stock Exchange.

Singapore group buys gynaecology clinics specialist

Publicly listed outpatient network Singapore Medical Group (SMG) is buying six-clinic gynaecologist Astra Women's Specialists for S$60m. The announcement has prompted the second spike in its share price this year, following its purchase of imaging specialist Lifescan in August.

Singapore-based Fullerton to IPO

Singapore-based healthcare provider Fullerton has received approval to list on the Singapore stock exchange, but could its S$1.5bn (almost €1bn) valuation be too high?

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