RH Bophelo takes majority stake in MPH

JSE-listed special purpose acquisition company RH Bophelo has acquired a 51% stake in Medicare Private Hospital (MPH) in Rustenburg, North West Province, South Africa for R149.7 million (US$10.6 million). Established in 2009, MPH is an acute 110 bed independent private hospital. Originally a 36-bed sub-acute hospital, it is now an established acute facility in the…

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