Thursday, November 21, 2019
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Saudi Arabia: MEFIC acquires 44% stake in MERAS Arabia Medical

Middle East Financial Investment has taken a 44% stake in in Meras Arabia Medical Holding Company. MEFIC has acquired a 44% stake in Meras via...

Philippines: Intellicare signs agreement with Mayo Clinic

Intellicare, a subsidiary in the Philippines of Singapore-based managed healthcare provider Fullerton Health, has signed a collaboration agreement with Mayo Clinic. Mayo Clinic now joins...

China: New Frontier Corporation to acquire United Family Healthcare

In a move that could shake up the private healthcare sector in China, New Frontier Corporation is to acquire United Family Healthcare from private...

Nigeria: GE Healthcare and Access Bank provide healthcare financing

Access Bank and GE Healthcare are to provide sustainable healthcare equipment financing to private healthcare providers. Under the partnership, borrowers will be able to...

Singapore: Healthcare companies raise equity capital

Several Singapore-headquartered companies have raised capital to fund expansion. Healthcare services group Clearbridge Health has raised S$11.3m (US$8.25m) in a placement to accelerate its growth...

Russia: Russian blood cord company raises Rub150m

The International Medical Centre for Processing and Cryopreservation of Biomaterials, a subsidiary of Gemabank, has raised Rub150m (US$2.4m) on the Moscow Stock Exchange. It sold...

Australia: Oventus to raise A$9.3m in share placement

Sleep disorder device manufacturer Oventus plans to raise A$9.3m (US$6.5m) in a series of placements on the ASX. It said that it has firm commitments...

Australia: Malaysia’s EPF invests in Dexus healthcare fund

The Employees Provident Fund (EPF) Malaysia has invested A$100m (US$70.3m) in the Dexus Healthcare Wholesale Property Fund. EPF Malaysia is a US$200bn retirement fund for...

India: Apollo’s parent raises US$145m short term loan

The promoters of Apollo Hospitals, India’s largest hospital chain, have raised US$145m in a short term loan from Credit Suisse. The 91-day loan is for...

France: TRIBVN Healthcare raises €5m

TRIBVN Healthcare, which develops software solutions for digital pathology, has raised €5m (US$5.6m) in funding from LBO France through its Digital Health 2 venture...