IHH inks 76m-euro deals with Bulgarian healthcare operators
Indirect unit Acibadem to buy Tokuda Hospital and subsidiaries, merge with City Clinic
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
IN two concurrent moves that will make IHH Healthcare Berhad the largest private healthcare provider in Bulgaria, its indirect subsidiary has inked two deals - an acquisition and a merger - valued at about 76 million euros (S$115.7 million).
In a filing with the local bourse on Thursday, IHH said its indirect subsidiary, Acibadem Saglik Hizmetleri ve Ticaret AS (Acibadem Holdings), on Wednesday agreed to buy Bulgaria- based Tokuda Hospital and its subsidiaries, as well as merge with City Clinic, another healthcare operator in Bulgaria.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
