Foreign Hospital Deals Keep Coming

Hospital mergers and acquisitions are interesting to a local media audience, we know. But the foreign deals that are announced should be of interest to global investors. We reported the $2.3 billion Al Noor Hospitals Group plc (LSE: AHN) acquisition in Abu Dhabi by South Africa’s Mediclinic International Ltd. two weeks ago. Now there’s Max Healthcare‘s 51% stake in an adjacent hospital in New Delhi, India, for an undisclosed price. Smart Health City Pte Ltd., part of the Singapore-based BK Modi Group, sold the majority interest in its Saket City Hospital Private Limited (230 beds, in the process of expanding to 300 beds) to Max Healthcare, which owns the Max Super Specialty Hospital-Saket facility right next door. Max Healthcare plans to add 900 additional beds to the Saket City Hospital, bringing its local total to more tha 2,000 operational beds.

 

 

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