Tuesday, March 28, 2023
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Philippines: Metro Pacific Hospitals abandons IPO plans

Metro Pacific Hospitals, the healthcare unit of industrial conglomerate Metro Pacific Investments, has abandoned plans to IPO on the Philippine Stock Exchange. A deal had...

Belgium: Aedifica reports 89% take up of capital increase

Belgian healthcare REIT Aedifica has reported an 89% take up on its €418m (US$469m) rights issue. The company said that 5.5m shares had been taken...

Germany: Rhön-Klinikum reports “pleasing results” for Q1

German hospital group Rhön-Klinikum has reported what it calls “pleasing results” for the first quarter of the year. Although profits dropped 14.4% to €8.9m (US$10m),...

France: Orpea moves into Russia

France-based long-term care group Orpea is to develop post-acute and rehabilitation hospitals in Russia with Bpifrance and Russian Direct Investment Fund, the Russian sovereign...

Germany: Solid results in a challenging year for Asklepios

Despite regulatory challenges, German private hospital group Asklepios Kliniken has reported solid growth for 2018. Net income slipped 11.8% to €171.1m (US$191m) on revenues that...

Sweden: Medicover reports strong growth for Q1

Swedish healthcare and diagnostics provider Medicover has reported strong growth for the first quarter of the year. Revenues were up 23.3% to €199.7m (US$223.3m). “We...

Finland: Standout Capital takes majority stake in X-akseli

Stockholm-based private equity firm Standout Capital has invested in patient flow management software company X-akseli. Financial terms have not been disclosed, though Standout will...

China: Stellar debut for SoYoung

Shares in Beijing-based SoYoung, China’s largest online medical aesthetic marketplace, had a stellar debut on Nasdaq yesterday. The shares traded up 32%. At one point...

Singapore: Nuffield Dental signs convertible loan agreement

Singapore’s Nuffield Dental has signed a three-year S$2.25m (US$1.7m) 5% convertible loan agreement with Zenmedic Capital, an investment company made up of SGX-listed HC...

Germany: Profits jump 24% at Siemens Healthineers

The Imaging and Advanced Therapies businesses have driven impressive Q2 results at the German health-tech business that beat expectations. Profits at Siemens Healthineers were up...