The final month of the fourth quarter is typically a busy one for deal makers in all industries. Last year, some health care deal makers apparently got a rest. Deal volume in December 2016 was an anemic 119 transactions, compared with 131 deals in November and 148 in December 2015. The Services sectors accounted for […]
Healthcare deals, particularly for hospitals, are heating up in the United Arab Emirates. On December 14, NMC Health, the country’s largest private healthcare company, announced its acquisition of Al Zahra Hospital in Sharja.
The hospital acquisition market declined in the fourth quarter of 2015, falling 31% from the third quarter’s total of 32 deals. The 22 publicly announced hospital acquisitions in Q4:15 were also 29% lower than the 31 deals announced in the same quarter in 2014. The largest acquisition in the fourth quarter to come with a […]
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 […]
The largest deal announced last week created the largest private healthcare provider in the United Arab Emirates, which may be why you didn’t hear much about it. The South African private hospital company Mediclinic International Ltd. (OTCQB: MCFFY) won the approval of the board of Al Noor Hospitals Group plc, based in Abu Dhabi, UAE, […]