Listed pan-Asian hospital group IHH is acquiring Island Hospital, a 600-bed private hospital in Penang, Malaysia, for MYR 4.2 billion (~$970 million). The acquisition will bring IHH’s total Malaysian hospital footprint to 18.
Belgian pan-European healthcare real estate investor Aedifica has bought four new UK care homes for a total of £61.5 million (~€73 million). Aedifica describes the homes as “futureproof” due to being highly energy efficient.
Optegra, the UK’s second largest private ophthalmology group, has bought a new clinic in Yorkshire, bringing its total number of facilities across the country to 25.
Minister of Health, Welfare and Sport, Fleur Agema, has found herself following the same journey as that taken by her predecessor, Conny Holder, and has abandoned plans to prohibit private equity investment in Dutch healthcare.
CVC Capital Partners, a Luxembourg-based private equity firm, has acquired an additional 45% stake in Indonesia's chain of multi speciality hospitals, Siloam Hospitals, from the country’s conglomerate Lippo Karawaci for 16.6 trillion rupiah ($1 billion), making CVC the majority shareholder. This transaction, involving 5.85 billion shares, was announced on the Indonesia Stock Exchange.
A buyout of listed multinational Australian hospital group Ramsay Health Care is rumoured to be under consideration by a European PE firm. However, an analyst we spoke to doubted whether there was substance to the rumour.
Bain Capital, the American private investment firm, is the leading candidate to acquire a 60.4% controlling stake in India-based cancer care provider HealthCare Global Enterprises (HCG), from CVC Capital Partners, a Luxembourg-based private equity and investment advisory firm, CNBCTV18 reported.
The stake is said to have been valued at approximately $356 million, while HCG’s market value stands at $589 million despite a 3% drop in its share price this year. Negotiations are ongoing, and the deal is not yet finalised.
Aster DM Healthcare, a Dubai-based multinational private hospital group with operations in India’s Bengaluru, is said to be negotiating a merger with Hyderabad's Care Hospitals, one of India’s largest hospital groups. This potential merger could create India’s third largest hospital group.
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