Friday, July 1, 2022
Advertisement

Switzerland: Takeover talks for SHL Medicine

Swiss-listed Israeli medtech firm SHL Telemedicine has confirmed that it has been in discussions regarding a possible merger or takeover transactions. The company develops personal...

UAE: Zanzibar government secures US$10m funding for hospital development

Abu Dhabi Fund for Development (ADFD) has signed an MoU with the government of Zanzibar in the Federal Republic of Tanzania to provide D37m...

Germany: Klingel Medical acquires Puracon from SHS

Klingel Medical Metal, a portfolio company of IK Investment Partners, has acquired Puracon from German healthcare investor SHS Gesellschaft für Beteiligungsmanagement. Financial terms have not...

Africa: African Development Bank invests US$10m in RHAF1

African Development Bank (the Bank) has approved a US$10m equity investment in Razorite Healthcare Africa Fund 1 (RHAF1) to help improve healthcare infrastructure delivery...

New Zealand: Metlifecare sets margin for retail bond issue

Care home operator Metlifecare has set the indicative margin for its NZ$75m (US$47.8m) maiden offer of seven-year fixed rate retail bonds at 1.8% to...

Failed health policies see weekend of political resignations

Healthcare failings have caused politicians in several countries to step down this weekend, notably the entire Finnish government. Only a month before a general election,...

Aster DM Healthcare continues to expand in Oman

Aster DM Healthcare, one of the largest private healthcare service providers operating in multiple Gulf Cooperation Council (GCC) states, has opened its third hospital...

Australia: FIRB rubber stamps Healthscope acquisition

Australia’s Foreign Investment Review Board (FIRB) has approved Canadian investment firm Brookfield’s A$4.18bn (US$2.97bn) takeover of Healthscope. The FIRB has approved both the takeover of...

Nigeria: 54gene closes US$15m Series A funding

African-focused healthtech genomics and AI start-up 54gene has closed a Series A round of US$15m funding to scale up operations. It was led by Adjuvant...

CEE: Innova Cap increases dentistry networks in Lithuania and Poland

US-based private equity firm, Innova Capital Group, has taken stakes in three companies in the dental services market of Central and Easter Europe: the...