M&A/IPOs

 

BDMS makes offer for Bumrungrad

Thailand’s largest private hospital operator Bangkok Dusit Medical Service (BDMS), the biggest shareholder in Bumrungrad Hospital (BH), has launched a tender offer for the remainder of the shares it doesn’t own.

NMC identifies $335m side deals and sacks CEO

In an announcement put out after trading, the independent review board appointed by NMC has identified side deals on procurement worth US$335m with the founders for which NMC is liable and that were made without board approval. It has also removed Mr Prasanth Manghat from his position of Director and CEO of the Company with immediate effect.

Schoen Klinik bidding for Priory Group

HBI understands German psychiatric operator Schoen Klinik is looking to buy Priory Group, the UK's largest psychiatric provider by revenue. The German contender would be a good fit for the company which has been on the block for almost a year. We talk to a market expert to find out more.

IHH looking to sell outlying assets

The new CEO of IHH Healthcare is considering divesting some assets as he shifts strategy to focus on geographical clusters. Which of its 80 hospitals could face the block? HBI examines.

Russian billionaire buys Baring Vostok’s EMC stake

PE firm Baring Vostok has offloaded its 27.8% stake in Moscow hospital European Medical Center to MedInvestGroup, the company of billionaire Viktor Kharitonin which is building a national oncology network. It coincides with reports that the court case against Baring founding partner Michael Calvey might soon be wrapped up.

KKR pulls out of Dentix deal

Global investment firm KKR has pulled out of a deal to take a majority stake in Spain’s biggest dental chain, Dentix, the company exclusively tells HBI. It is KKR's second high-profile decision not to invest in a large healthcare group this week.

CVC “speaking with advisors” about Elsan sale

CVC Capital Partners is talking to advisors about sale options for Elsan, the large French hospital group it has owned since 2014, according to reports. We speculate on potential buyers.

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