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?
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.
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.
Financially troubled Indian hospital group SevenHills Healthcare could be put up for auction, after its lenders filed for insolvency against the group.
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.
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.
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.
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.
Two of India’s largest hospital groups look set for changes at the top. We speak to the outgoing CEO of CARE, and the man rumoured to be soon appointed CEO of Manipal.
Indian renal care provider NephroPlus is to open 55 more centres across the county by the end of 2018, which will see it operating in 180 locations. Healthcare Nova speaks to CEO Vikram Vuppala about the rollout, centre profitability and imminent international expansion.
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