The US$15bn KKR acquisition of Australia-based Ramsay may not go ahead, owing to consistent problems with the hospital group’s French subsidiary. HBI chats to an Australian analyst to find out more.
Europe’s largest lab group Synlab earned €618m from Covid testing in the first half of 2022. This was a 30% drop from H1 2021, but higher than what it had initially forecasted for the period. Revenue from underlying, non-Covid activity was strong, at 7.2%, helped by several bolt-on acquisitions.
Private pay dentistry is booming according to multiple sources in the UK, while finding a dentist free to take on new NHS patients is “like looking for a unicorn” as the profession collectively criticises reimbursement rates, and leaves for more lucrative private work.
As UK tech start-up Babylon Health withdraws from a couple of ten-year contracts with NHS Trusts eight years early, we speak to a digital health expert who tells us he isn't surprised as the US market is the place to be.
Orpea is selling 32 of its nursing homes in The Netherlands to Syntrus Achmea Real Estate & Finance (a REIT) for approximately €125m, as part of the asset disposal part of its plan to clean up its finances. The company, which is also trying to clean up its reputation in light of accusations of malpractice, has agreed to pay back €55.8m to the French government after public investigations following the suggestion it misappropriated public funds.
The German healthcare M&A market continues to be buoyant following the boom in 2021. But as autumn draws in, the pace of deals may abate and sellers may struggle to achieve previous heady price premiums, advisors warn.
HBI hears that pan-European and dentist-led European Dental Group (EDG) could be up for sale soon. HBI takes a look at the business and possible pricing at a time when dentistry continues to be a hot ticket.
The board of Mediclinic, the South Africa-based multinational hospital giant, have announced they have agreed acquisition terms with the consortium comprised of Remgro, the investment vehicle of the billionaire Rupert family and a long-time Mediclinic shareholder, and the Mediterranean Shipping Company (MSC). They have recommended these terms to shareholders.
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