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MD Medical Group Investments PLC announces proposed acquisition of Avicenna in Novosibirsk


Wednesday, 20 Aug 2014 02:00am EDT 

MD Medical Group Investments PLC:Says proposed acquisition of 100 pct of shares of Ivicend Holding Ltd , the owner of the Avicenna Medical Center from unrelated third parties.Acquisition is for a total cash consideration of US$45.5 mln.Acquisition is scheduled to complete in the fourth quarter 2014. 

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