Saturday, January 25, 2020
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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...

Indonesia: IFC to invest US$75m in RS Awal Bros

IFC, a member of the World Bank Group, is to make an up to US$75m 10-year A-loan to hospital group RS Awal Bros, to...

Sweden: Additional investment for Hemsö

Shareholders in Hemsö, an owner of properties for public use in Sweden, are making an additional equity injection of Kr1bn (US$107.2m) to increase the...

Georgia: ADB invests in Evex Hospitals’ local currency bond

The Asian Development Bank (ADB) came in as a significant investor to Georgia Healthcare Group’s (GHG) recent L50m (US$16.9m) five-year unsecured bond sale. It took...

Ethiopia: Orbit Health closes seed round

Ethiopian-based Orbit Health closed its first external seed that was co-led by Africa based Savannah VC fund and NY based Betam Group, along with...

India: Pristyn Care completes US$12m Series B

Gurgaon-based Pristyn Care, a startup that offers patients affordable advanced surgical care, has raised US$12m Series B funding led by led by Sequoia India,...

Hong Kong: Honliv Healthcare plans IPO

Filing its paperwork on New Year’s Eve, Honliv Healthcare is planning its initial public offering in Hong Kong. Bocom International is managing the deal. The...

CareTech invests in mental health services in the UAE

CareTech International Ltd - a wholly owned subsidiary of CareTech Holdings Plc – has invested more than £7m in a private outpatient mental health...

UAE: NMC Health prices US$90m tender for convertible bonds

Earlier this week, NMC Health launched an up to US$90m tender of its US$450m 1.875% convertible bonds due 2025 which has been taken up...

Singapore: AWAK Technologies raises US$40m

AWAK Technologies (AWAK), a medical technology company focused on dialysis using regeneration technology for end-stage kidney disease, has raised US$40m of new funds in...