China: CITIC takes stake in Concord Medical

Shanghai Concord Cancer Hospital

CITIC Industrial Investment has invested Rmb700m (US$100.2m) in a subsidiary of Concord Medical, the operator of the largest network of radiotherapy and diagnostic imaging centres in China. It has invested in Meizhong Jiahe Hospital Management which focuses on the development and management of comprehensive cancer hospitals and its standalone radiotherapy and diagnostic imaging centre network….

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