Court documents reveal that the administrators of UAE's largest hospital group NMC Health are expecting a formal vote on the restructuring deal in June, as the process is held up by a complex legal case.
Global hospital operator Ramsay Health Care has made a £1bn offer to acquire listed UK group Spire Healthcare, but some investors may reject the offer and share price movements show another bid may be expected. The 29.9% shareholder, Mediclinic, has agreed to sell to Ramsay despite making a similar takeover offer three years ago. It comes during a UK market pivot towards NHS activity to help clear massive backlogs after Covid.
M&A slowed to a trickle during COVID but the next six weeks will see a flood of deals. HBI examines the deals that are about to happen, the companies looking to IPO, and reviews a handful of deals that remain resolutely on hold for the moment.
Listed Swiss Investment company Aevis Victoria has agreed to buy out the remaining physician shareholders of Zurich-based Klinik Pyramide and integrate it into its hospital subsidiary Swiss Medical Network.
Large French hospital groups continue to buy up smaller players. Vivalto Santé and Almaviva Santé, the country's third and fourth-largest players, respectively, have both struck deals in the past week.
Japanese conglomerate Mitsui is considering a buyout and de-listing of IHH Healthcare, the $13.4bn-valued pan-Asian hospital operator in which it holds a 32% stake, according to reports. Its share price has declined in the last five years amidst perennial problems in Turkey and India.
Morocco's largest hospital group Akdital Holding is expanding nationwide ahead of its plans to file for IPO. The group is going public to finance its international expansion.
Admissions to private hospitals in the UK are still well below pre-pandemic levels with activity in January and February down on last year. The expected demand boost for private healthcare due to NHS waiting list pressures is yet to materialise.
Questions are surrounding the ongoing stake sale process for pan-CEE hospital chain Penta Hospitals International (PHI). Owner Penta Investments director Václav Jirků tells HBI that remaining bids are to be received by next week and rejects rumours it may pull the process entirely.
Germany's third-largest hospital group Sana Kliniken has announced the layoff of over 1,000 employees, while number one Fresenius Helios is also cutting staff, as patient numbers fail to recover from Covid. Volumes are still lower than in 2019, Dr. Boris Augurzky tells HBI.
Healthcare Business International users cookies to improve the functionality, performance, and effectiveness of our communications. Detailed information on the use of cookies is provided in our Cookies Policy. By continuing to use this site, or by clicking "I agree" you consent to the use of cookies.
