Pro Tip: Learn how to use HBI Alerts to follow your favorite topics

M&A/IPOs

 

Ramsay Sime Darby sold to Columbia Asia for US$1.3bn

Multinational Asian hospital chain Columbia Asia is buying Ramsay Sime Darby, a rival SE Asian hospital chain, for US$1.3bn. This marks Australian hospital group Ramsay's exit from SE Asia, as well as Malaysian trading and logistics company Sime Darby Berhad's exit from health care.

Eugin sells for €500m

Healthcare conglomerate Fresenius has sold Eugin, its Spain-based fertility business, to KKR-owned fertility group IVI RMA and Spain-based asset management firm GED for €500m including earn-outs.

Saudi’s biggest recent transactions

Vivek Shukla, interim chief commercial officer at SEHA (Abu Dhabi Health Services company), gave a presentation at a webinar HBI recently hosted in which he listed some of the biggest mergers and acquisitions that have taken place in the Saudi Arabian health care market in recent years.

Clock ticking on Cinven’s offer as Synlab management sits on the fence

Multinational labs group Synlab has left it up to shareholders to make up their own mind about whether to sell their shares to UK PE firm Cinven. Cinven has already secured 79% of the shares, but remaining shareholders have until November 20 to decide whether to accept Cinven's €10-per-share public acquisition offer.

Affidea tightens its hold on Romanian imaging

Pan-European diagnostic giant Affidea has increased its dominance in the Romanian imaging market with the acquisition of Biomed Scan, a two-clinic imaging provider in Bucharest. This is the second acquisition it has made in the market in 2023, after its acquisition of a seven-clinic group in Teleorman at the beginning of the year. It now has 48 Romanian clinics, by far the most of any private provider.

Four Seasons slow sale continues

The prolonged breakup, sale and demise of what remains of former UK nursing home giant Four Seasons Healthcare continues, with a further nine care homes sold for over £16m in cash. Will anyone claim the rest?

Two bidders left for Ramsay Sime Darby, as CVC buys Filipino hospital chain

South East Asia is continuing to see much more large-scale M&A activity than Europe. The sale of Malaysian and Indonesian hospital group Ramsay Sime Darby is reaching its final stages, with only two bidders reportedly left in the running. Meanwhile, Luxembourg-based PE firm CVC Capital Partners has bought a controlling stake in The Medical City (TMC), the Philippines' most expansive hospital group in terms of outpatient clinic footprint.

Bankruptcies, closures, and scandals: the bleak state of European nursing homes

Across Europe, nursing homes are in crisis. Between scandals in France, insolvencies in Germany, the threat of regulation in Spain, and fair fee woes in the UK, HBI hears that the nursing home sector is the least attractive healthcare services sector for investors. Are things really that bad - and is the threat of mass bankruptcies real?

Advent to bankroll Donte Group expansion

Advent International, the PE firm which owns a majority of Spain’s largest dentistry group by revenue Donte Group, is reportedly injecting €70m of financing to boost the group’s growth.

Find Us