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Pharmacy

 

Georgia Healthcare Group to IPO in three weeks

The Republic of Georgia’s dominant private healthcare operator plans to list on the London Stock Exchange in the first week of November 2015. Talking to Healthcare Nova, Georgia Healthcare Group CEO, Nikoloz Gamkrelidze also confirmed it expects to raise $100m in the primary listing and a secondary listing may follow. The money will be spent on 20-30 new ambulatory care clinics and renovating two hospitals in Tbilisi, as Georgia continues its journey towards universal health coverage before next year’s election.

NMC Health shares rocket on deals in Abu Dhabi and Sharjah

NMC Health, the second largest private hospital and outpatient group in the UAE, has tightened its grip with two acquisitions with a combined enterprise value of $100m. The announcement saw NMC shares leap 7.3% in three days, adding £210m to its market capitalisation.

IFC invests $4.5m in East African pharmacy chain

The International Finance Corporation (IFC), the investment arm of the World Bank, has agreed to loan $4.5 million to Kenyan pharmaceutical retail chain Goodlife to help it become a leading brand in East Africa.

Investing in Africa’s underdog healthcare businesses

BlueCloud Healthcare, a UK-based investment advisory firm and start-up business incubator focused healthcare service companies in sub-Saharan Africa, is tapping into private equity’s growing interest in the continent. Healthcare Nova spoke to founder Steven Adjei about the company and his take on investing in Africa.

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