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China: Lanhai Medical to raise Rmb800m in private placement

Haikou-based Lanhai Medical Investment is to raise Rmb800m (US$115m) in a private placement to no more than 35 investors. In a statement the company said...

France: Korian sells €400m convertible bonds

Korian Group, Europe’s largest retirement home operator, has sold €400m (US$452.6m) convertible bonds at the wide end of guidance. The bonds will be issued at...

Portugal: SWORD Health raises US9m additional Series A funding

Porto-based SWORD Health (SWORD), a tech-enabled provider of musculoskeletal care, raised an additional US$9m to its Series A funding, bringing the total Series A...

Sweden: AlgoDx closes seed funding for sepsis detection

Stockholm-based AlgoDx, which focuses on supporting disease detection and prediction with machine learning algorithms, has raised €600,000 in seed funding led by Nascent Invest...
Speed Medical Company

Egypt: Speed Medical gets FRA approval to raise capital by E£150.5m

Egyptian healthcare group Speed Medical has been granted approval by The Egyptian Financial Regulatory Authority (FRA) to increase its capital by E£150.5m (US$9.5m). The...

UAE: Amanat Holdings abandons plans to acquire VPS Healthcare

Investment firm Amanat Holdings has abandoned discussions to acquire a stake in Abu Dhabi-based hospital operator VPS Healthcare Group.  The Dubai-based company said in a...

Asia: Quadria Capital closes second fund at US$595m

Quadria Capital, an investment fund providing growth capital to middle-market healthcare companies in south and southeast Asia, has closed its latest fund, Quadria Capital...

UAE: NMC hires Moelis for restructuring as it is downgraded to junk

NMC Health has hired Moelis & Co, PwC and Allen & Overy to act as independent financial adviser, operational adviser and legal adviser respectively...

Sweden: BrainCool raises SKr15m

Swedish medical device company BrainCool has raised SKr15m (US$1.6m) in a targeted issue at three partners. “The fact that our partners donate capital and enter...

UAE: NMC boss axed and shares suspended

Trading in the shares of NMC Health has been suspended and chief executive Prasanth Manghat has been removed with immediate effect (26 February). The...