Multiple sources tell HBI Spanish for-profit hospital group Grupo Recoletas is up for sale, and rival HM Hospitales could follow if it hasn't already. Recoletas outright denies there is any process.
Pihlajalinna, one of Finland's largest for-profit health and care providers, has agreed to sell all 16 of its dental clinics to up-and-coming pure play dental chain Hammas Hohde.
French pan-European elderly care giant Korian has acquired Grupo 5, a Spanish provider of mental health services, from Spanish private equity firm Corpfin Capital, after receiving the green light from Spain’s competition authority. The acquisition is part of Korian’s strategy to develop its health care offering and to build a pan-European mental health platform.
Africa-focused private equity firm Mediterrania Capital Partners has made a successful exit from Akdital, Morocco's largest for-profit hospital group, with the biggest IPO on the Casablanca Stock Exchange since 2008. But despite being heavily over-subscribed, the share price has since fallen by 9%.
Spanish based diagnostic labs group Atrys has sold 24.9% of its stake in regulatory compliance subsidiary Conversia to Arragio NW Segundo for €20m. The move comes after a disappointing year where the firm has seen its share price fall 39%.
Dubai-based listed health care and education investment firm Amanat Holdings is merging two of its post acute care providers in the GCC region, Sukoon and Cambridge Medical and Rehabilitation Center (CMRC), in the latest move in its plan to build the region's largest post-acute care platform.
Spire, the UK’s largest for-profit hospital group, has acquired Doctors Clinic Group, one of the UK’s only pure play private-pay primary care chains. The acquisition is part of Spire’s plan to build up its primary care offering.
In this week's infographic we compare the stocks of the five largest (in terms of revenue) listed hospital groups in the Middle East with the five largest listed hospital groups operating in Europe.
Dubai and Singapore based private equity firm TVM Capital Healthcare is raising a new emerging market fund which will invest in non-hospital health care assets in the South East Asia region. The fund has a target of $200m and is expected to make its first investment in the first half of 2023.
KIMS Health, one of the largest hospital groups in South India, is up for sale. Due diligence has begun after a first round of bids which HBI understands included India's fourth largest operator Max Healthcare, as well as big international PE investors Blackstone and CVC Capital. Binding bids are expected next month.
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