Hong Kong: EC Healthcare acquires major stake in Pioneer Evolution for HK$36.4m

EC Healthcare, the largest non-hospital medical group in Hong Kong, is to acquire 60% of the issued share capital of Pioneer Evolution for a total consideration of HK$36.4m (US$4.6m) in cash. Pioneer Evolution is a holding company of a multi-disciplinary medical service provider in Hong Kong, operating nine medical centres under the business name of…