M&A/IPOs

 

Cigna sells Medicare business for $3.3bn

Last week, US health insurer giant Cigna finally offloaded its Medicare business - which manages government-back health insurance for over 65s - to insurer Health Care Service Corp (HCSC). The $3.3bn cash deal finally putting industry rumours of a megadeal with rival insurer Humana to bed.

Affidea buys again in Romania, targets further expansion

Pan-European diagnostics group Affidea continues to consolidate Romania's diagnostics market with the acquisition of another three imaging clinics in the north of the country. It now has 53 clinics across Romania.

PureHealth continues investment streak

UAE-based healthcare group PureHealth has acquired a 25% stake in Sheik Shakhbout Medical City (SSMC), continuing its streak of recent expansions.

Clariane sells in the Netherlands

French nursing home operator Clariane (formerly Korian) is selling half of its stake in its joint venture with European real estate investor Aedifica. The sale of the real estate for six Dutch homes for €25m follows Clariane’s plans to reduce its debt and also mirrors rival operator Orpea’s attempts to pull back from the country.

Vamed and Median could merge to create rehab giant

Two of the largest rehab groups in Germany could be merged in what looks set to be one of 2024's biggest European health care services deals. Dutch PE firm Waterland Private Equity, which has owned Median Kliniken since 2014, is reportedly the front runner in the sale of Fresenius Vamed's rehab facilities.

New entrants could disrupt “tough” fertility market

The cost-of-living crisis is having a huge impact on fertility patients, making the sector ripe for disruption. A fertility expert tells HBI cunning new entrants will be the winners while established PE could well be the losers.

Ardian to buy France’s largest pharmacy chain and make it multinational

French PE firm Ardian has entered into exclusive negotiations to buy France's largest pharmacy chain, Aprium Pharmacie, from North American PE firm Sagard. Ardian plans to develop Aprium's advisory and digital offering, and to expand the group outside of France. We speak to Ardian's head of growth to find out more.

Big Greek exits rumoured, despite strong market

Rumours of a big hospital sell-off have started circulating in Greece, with Farallon (formally main creditor of and now main shareholder in Euromedica) and Luxembourg-based PE firm CVC (Hellenic Healthcare Group hospitals) both potentially looking to exit. The moves could trigger a wave of deals.

Find Us