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Hospitals

 

Problems in Lesotho for Netcare as government pulls PPP deal

Netcare's deal to build and manage Lesotho's largest hospital has run aground, with the government moving to cancel the multi-million Rand deal for alleged breach of contract - a move Netcare says it will challenge. HBI speaks to a South Africa-based hospital source to find out more.

Horizon exits Dobrobut two years in with Boris merger done

Horizon Capital has sold its minority stake in Ukrainian clinic network Dobrobut to management and co-investor Concorde Capital, just two years after investing. Dobrobut's merger with hospital Boris Clinic, which was ongoing when Horizon invested, is now complete. 

CVC buys Greek insurer

CVC Capital Partners is acquiring a 90% stake in Greece-based Ethniki Insurance from National Bank of Greece (NBG) in a deal that values the business at €505m.

Russia debates ban on spending public funds on capex

Russia has put forward draft proposals that forbid private providers from spending compulsory insurance funds on capital expenditure, the acquisition of property and the repayment of loans. Operators say it will likely halt all investment in the sector.

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