South-African based Life Healthcare is reported to be selling its 49.7% stake in Indian hospital chain Max Healthcare, with Radiant Life Care, a Mumbai-based group specialising in acquiring, redeveloping and operating healthcare facilities, the prospective buyer.
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We hear from a healthcare consultant in the US that President Trump's much-publicised tax cuts could cause more Americans to seek cheaper treatment abroad.
January 11, 2018
A firesale of bargain basement hospitals due to India’s new bankruptcy law will dominate the country’s M&A activity in 2018 we heard today. So who will buy what?
January 2, 2018
Shares in Max India, the holding company for Max Healthcare, Max Bupa Health and Antara Senior Living, have fallen by over four per cent since Monday, after the Delhi Government cancelled the licence of its Max Healthcare Shalimar Bagh hospital following the death of a premature baby last week.
December 12, 2017
Fast-growing Indian group Portea raised $26m in fresh capital from several investors last week as it diversifies its business out of home care services.
November 30, 2017
Financially troubled Indian hospital group SevenHills Healthcare could be put up for auction, after its lenders filed for insolvency against the group.
November 23, 2017
Laureate Education Inc, the NASDAQ listed private university chain, has agreed to sell for-profit European University Cyprus (EUC), which has a medical school and the only accredited dentistry program in Cyprus. We hear other European assets may follow.
November 22, 2017
Having IPOed in the summer of 2017, outpatient, lab and occupational healthcare group Medicover has no debt and a war chest for M&A. So what are its plans, and what has it learnt from recent deals? We catch up with CEO Fredrik Ragmark at the Jefferies Conference in London. He talks about Medicover's four main target markets - Germany, Ukraine, India and Poland.
November 16, 2017
An increasingly sedentary lifestyle in India is creating patients with more back and neck problems. Healthcare Nova speaks to Anuj Arenja, CEO of Indian spinal care chain QI Spine Clinic. He thinks he has a non-surgical answer, and is making £150m plans to more than quadruple his business over the next four years with expansion at home and abroad.
November 15, 2017
UAE-based healthcare group Aster DM is expanding its operations in the GCC and India with the construction of 1,700 additional hospital beds. We talk to group chairman Dr Azad Moopen.