Palamon Capital, the minority shareholder of dental group IDH/mydentist has bought majority control from Carlyle. Bridgepoint had earlier bought the group for £700m but Palamon has now exercised a right of first offer to push it out of the sale.
Brazil's largest hospital group Rede D'Or has raised $340m in new shares with a follow-on that includes Carlyle selling down its stake. It says it will use the proceeds of the primary offering to build and acquire new assets.
Global hospital operator Ramsay Health Care has made a £1bn offer to acquire listed UK group Spire Healthcare, but some investors may reject the offer and share price movements show another bid may be expected. The 29.9% shareholder, Mediclinic, has agreed to sell to Ramsay despite making a similar takeover offer three years ago. It comes during a UK market pivot towards NHS activity to help clear massive backlogs after Covid.
M&A slowed to a trickle during COVID but the next six weeks will see a flood of deals. HBI examines the deals that are about to happen, the companies looking to IPO, and reviews a handful of deals that remain resolutely on hold for the moment.
Listed Swiss Investment company Aevis Victoria has agreed to buy out the remaining physician shareholders of Zurich-based Klinik Pyramide and integrate it into its hospital subsidiary Swiss Medical Network.
The Dutch competition authority has halted homecare operator Mediq's acquisition of Gimv-owned Eurocept and Excellent Clinics. The parties must now apply for a permit if they want to proceed with the acquisition.
Orpea, Europe's second largest nursing home group by revenue, has agreed to buy Irish group FirstCare in a purchase reportedly worth more than €100 million. Orpea will become the largest private care home operator in Ireland by bed number.