Thursday, August 18, 2022
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New Zealand: Summerset prices upsized retail issue

Summerset Group, New Zealand’s second-largest listed retirement village operator, has priced its upsized NZ$150m (US$100m) seven-year retail bonds at 2.3%. This is the company’s third...

France: PAI Partners takes majority stake in Amplitude Surgical

PAI Partners has taken a 52.3% stake in French orthopaedic surgical specialists Amplitude Surgical from Apax Partners for €53.8m. (US$62.7m). HMi reported on the deal...

Singapore: Prime minister’s son steps down from NSG and Cordlife

In a scandal that has shocked the normally staid world of Singaporean healthcare, Goh Jin Hian has stepped down as chairman of New Silkroutes...

Singapore: Telco expert appointed to Raffles board

Raffles Medical Group (RMG), the largest private medical group practice in Singapore has appointed telco veteran Allen Lew as a director. Lew is a long-time...

France: Novalpina acquires Laboratoire XO

British mid-market investment firm Novalpina has acquired French speciality pharma business Laboratoire XO. Financial terms have not been disclosed. Founded in 2015 and based in Saint-Cloud,...

Global: Early-stage healthcare funding slows for Thanksgiving holidays

Early-stage funding for healthcare companies was slow last week, possibly a reflection of the Thanksgiving holidays in the US. Shanghai-based ophthalmic biotechnology company Eluminex Biosciences...

Europe: Icade grows nursing home portfolio in Italy and France

French property group Icade, has acquired a portfolio of nursing home properties located in Northern Italy and in France for €163m (US$197.8m). The facilities in...

India: ADB invests US$75m in OrbiMed’s latest fund

The Asian Development Bank (ADB) has invested US$75m in OrbiMed’s fourth healthcare fund, OrbiMed Asia Partners IV (OPA IV). The fund is focused on healthcare...

Hong Kong: Peijia Medical raises HK$993m in placement

Medical device company Peijia Medical has raised HK$993m (US$128m) in a primary share placement. It sold 33.8 million shares, or 5.1% of the enlarged issued...

Spain: Diaverum becomes largest independent renal care provider in Spain

Following its recent announcement of a clinic in Morocco, Swedish dialysis firm Diaverum has opened eight new clinics in Valencia making it the largest...