The largest private hospital groups in Saudi Arabia and The Philippines look likely to IPO in the next 12 months, while the private sale of pan-Asian group Columbia Asia also nears completion. In total, the deals could be worth $6-7bn.
Japan has a large and thriving for-profit elderly care sector and leads the world with its long-term insurance policy that is mandatory for everyone over 40. We talk to Matt McEnany, a manager at the Japanese think tank Health and Global Policy Institute about the Japanese care and hospital sectors, the direction of reform, the market share of the top five for-profit groups in care and plans to export the Japanese model.
Hong Kong investment firm New Frontier Corp has acquired one of China's largest private hospital groups, creating one of the country's largest publicly listed integrated healthcare companies.
Spain's second and fourth-largest private hospital groups are reportedly in discussions to merge to create a new challenger to the market biggest player, Fresenius-owned Quironsalud. And Vithas has just pinched the number one's COO.
The sale process of Romanian healthcare group Regina Maria is likely to officially begin in September, with owner Mid Europa narrowing down the shortlist of bidders between now and then, we are told.
US REIT Medical Properties Trust (MPT) has acquired eight Ramsay UK hospital properties from Secure Income REIT, paying around €400m for the facilities which have fixed annual rent inflators. It is another large propco deal at a time when operating companies are failing to sell in care homes, and going for peanuts in the hospital sector.
We talk to the CFO of Turkey's largest private hospital group by beds, MLP Care, 18 months on from its Istanbul listing. Burcu Ozturk discusses the Turkish economy, MLP's postponed M&A plans and growing its private and international revenues amidst a stagnant statutory insurance segment.
Saudi hospital group Fakeeh Care's new university hospital in Dubai will be the "smartest in the region" once fully operational, its COO claims. What does that really mean?
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