Saturday, December 3, 2022
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China: Citic Capital closes fourth China buyout fund at US$2.8bn

Citic Capital Partners, the private equity arm of investment management firm Citic Capital, has closed its fourth China buyout fund on a US$2.8bn hard...

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...

UAE: Meddy raises US$2.5m Series A funding

Dubai-based doctor booking platform Meddy has raised US$2.5m in Series A funding to expand its operations in the UAE. Founded in 2016, Meddy is the...

India: Medicover takes majority stake in MaxCure

Swedish healthcare and diagnostic services company Medicover has increased its stake in Medicover Hospitals (MaxCure) in India from 49.2% to 53.1% via the acquisition...

Sweden: Hemsö sells US$110m sustainable debt

Hemsö, an owner of properties for public use in Sweden, has sold more than US$110m debt within its framework for sustainable bonds. “Our sustainable financing...

China: Average value of top healthcare companies hits US$6.5bn

The average value of the Top 100 most valuable private healthcare companies in China is US$6.5bn, according to The Hurun Research Institute’s new “Hurun...

France: Dianosic raises funding to develop ENT products

Strasbourg-based Dianosic has raised more than €1.5m (US$1.6m) in capital and non-dilutive funding to help it develop ear, nose and throat products. Funding for the...

Denmark: CathVision raises €13m from Vaekstfonden

CathVision, a medical device company developing a novel artificial intelligence therapeutic platform for cardiac electrophysiology procedures, has completed a venture round of €13m (US$14.4m). The...

Ghana: IFC supports expansion of Nyaho Medical Centre

IFC, a member of the World Bank Group, has made a US$5.2m loan to Nyaho Medical Centre to support the Ghanaian health care provider’s...

Germany: Siemens Healthineers raises €2.73bn for Varian acquisition

Germany’s Siemens Heathineers has raised €2.73bn (US$3.23bn) in a placement partly to finance its acquisition of US cancer care specialist Varian. It placed 75 million...