A private equity firm has won the rights to buy the majority of listed diagnostics group Euromedica's debt for an 80% discount and should close the transaction by the end of January. But rumours abound as to where the money will come from.
One of Turkey's biggest hospital groups has started marketing its IPO to investors with an intention-to-float document release. Private equity owners Turkven will float nearly half of Medical Park Group in a listing set for the first half of 2018. We talk to contacts in Turkey.
The Karlsruhe-Durlach acute care clinic of German hospital and rehab group Paracelsus will close at the end of February after negotiations with buyers ground to a halt. We hear that the big hospital groups have been circling around the company's highly profitable rehab units, while it wants to get rid of its loss-making hospitals.
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.
Rumours that Mediclinic, the listed South African, Middle Eastern and European hospital giant might be set to divest itself of its European assets and de-list appear to be nothing more than idle speculation.
Rumours that Mediclinic, the listed South African, Middle Eastern and European hospital giant might be set to divest itself of its European assets and de-list appear to be nothing more than idle speculation.
We hear from several industry players that real estate trading will pick up in French nursing homes in 2018 after 2017 saw more deals in the hospital sector.
We talk to analysts about what 2018 has in store for the Thai private hospital market, which is worth around US$5bn. One thinks M&A will pick up domestically, while another thinks the big story will be groups expanding abroad. As for medical tourism, it's set to rise in volume, but fall in value.
French industrial and healthcare gases giant Air Liquide has entered the medicalised homecare market in Saudi Arabia, with the acquisition of what, it claims, is the largest player in the respiratory homecare sector.
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