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M&A/IPOs

 

French postal service expanding into medicalised homecare

French state-owned postal services giant La Poste has increasingly been moving into healthcare with the acquisition of France's fifth largest medicalised homecare provider and more recently a medical adherence app. We speak to a consultant who has covered French healthcare for decades, about the acquisition and the wider market.

Care UK to sell nursing home arm

Care UK, the Bridgepoint-owned UK care group is looking to sell its nursing home division. Advisory sources say that the division had 2017 sales of £290m with £40m EBITDA. 

Aster DM to IPO with US$1.5bn valuation

GCC and Indian healthcare group Aster DM is finally set to IPO on February 12-16 and is seeking to raise US$150m for a valuation of US$1.5bn - figures 50% and 40% lower than when it filed two years ago.

Turkish hospital IPO priced

Medical Park Group, Turkey’s largest private hospital chain by bed count, has priced its IPO suggesting a valuation of the company of between €900m and €1.3bn. Another national hospital group has reportedly decided to postpone its own IPO to avoid a clash.

EQT to sell diagnostic network to Permira

Shareholders in Australia’s largest diagnostic clinic network, I-MED Radiology Network, have agreed terms of sale with global investment firm Permira.

Swedish PE EQT to sell Australian diagnostic network to Permira

Shareholders in Australia’s largest diagnostic clinic network, I-MED Radiology Network, have agreed terms of sale with global investment firm Permira. Reports at the end of last year said EQT valued I-MED at substantially over A$1bn (US$ 810m) – perhaps as high as A$1.3bn, the figure Permira are reportedly now paying. I-MED had A$608m in sales […]

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