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M&A/IPOs

 

Median process gets put back “3-4 years”

The sale of German rehabilitation giant Median Kliniken by owners Waterland may have been put back, HBI hears, though sources close to the company suggest otherwise.

Vivisol acquires in Germany and Brazil

Italian medicalised homecare group Vivisol has acquired two companies in Germany and three in Brazil. We spoke to the vice president of Western European operations at HBI 2019.

European Medical Center IPO still going ahead

Moscow hospital group European Medical Center (EMC) still plans to IPO in around a year and is likely to list more than competitor MD Medical's 35% free float, we are told, while minority owner Baring Vostok will not completely exit.

San Donato set to move into Russia

Italy's largest hospital group is "in the middle of acquiring" a hospital-based asset in the east of Russia - its first acquisition in the country.

Healthcare services remain resilient to economic downturn

Credit funds and whopping piles of dry powder ($1.8trn in 2018) should save the sector from a valuation crash despite general market underperformance and a dire macro economic backdrop, said Hedley Goldberg, partner at Rothschild at HBI 2019.

Ameos withdraws from Sana clinics acquisition – for now

Ameos, Germany’s largest provider of residential psychiatry by revenue, was set to finalise the acquisition of four Sana clinics today (Thursday, April4) but the deal has been postponed. We ask a Berlin-based analyst following the deal whether this would be a good deal for the company, and what lies in store for the seller.

Metropolis kicks off IPO, targets $175m

Indian lab group Metropolis kicked off its IPO yesterday (Wednesday, April 3). It hopes to raise Rs 1,200 crore ($175m). We speak to an India-based market expert about the move.

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