Friday, October 22, 2021
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India: Gold rush for Indian hospitals continues

As the gold rush to acquire hospitals in India continues, private equity firm Everstone Group is to acquire a controlling stake in Sahyadri Hospitals,...

Singapore: Clearbridge to divest Biomedics Laboratory

SGX-listed healthcare services group Clearbridge Health is to divest its subsidiary, Biomedics Laboratory to its associate company, Biolidics for S$3.7m (US$2.6m). Biomedics Laboratory operates a...

Australia: Aveo gets takeover offer

As Aveo Group flagged up what it called deteriorating market conditions, the Australian retirement village owner and operator confirmed that it had received a...

Australia: Capitol Health raises A$29.8m in placement

Medical diagnostic imaging services provider Capitol Health has raised A$29.8m (US$18.9m) in what it has called a “strongly supported” placement to institutional investors. Proceeds from...

Singapore: Parkway Life reports 3.5% rise in Q1 DPU

Parkway Life REIT, which is owned by IHH Healthcare, has reported a 3.5% bump in distribution per unit (DPU) for the first quarter of...

China: Good Doctor takes 20% stake in Hydee

Ping An Good Doctor, China’s biggest online healthcare platform, has acquired a 20% stake in pharmaceutical video channel Shanghai Hydee Software for Rmb131m (US$18.7m). Hydee...

India: LGT Lightstone Aspada invests in Kauvery Hospitals

Kauvery Hospitals has raised Rs1.4bn (US$19.5m) equity from LGT Lightstone Aspada. Proceeds will be used to deepen Kauvery’s presence in Tamil Nadu and expand...

The Qatar health facilities action plan

Sophie Crocker, Sheba Ross, Jane Ho and Ben Gonzalez of HKS explain how they provided a health design strategy for a nation. Qatar has experienced...

Saudi Arabia: Ministry of Health launches new online appointment app

In a bid to reduce healthcare costs, the Saudi Ministry of Health (MOH) has launched a new online appointment app called MAWID.  Designed to give...

Netherlands: Gilde Healthcare V closes at €416m

European specialist investor Gilde Healthcare has announced the first and final close of Gilde Healthcare V, a €416m (US$450m) venture and growth capital fund. The...