Healthcare Facilities & Services

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Bangkok Dusit Medical Services PCL establishes new subsidiary

6:48am EDT

Bangkok Dusit Medical Services PCL:Establishes new subsidiary namely Bangkok Save Drug Company Limited.Establishes to support investment in Save drug Center company Limited.

Fosun International Ltd subsidiary bids $580 million for Espirito Santo Saude SGPS SA-Reuters

12:03am EDT

Espirito Santo Saude SGPS SA:Chinese conglomerate Fosun International Ltd is bidding 451 million euros ($580 million) for Portugal's Espirito Santo Saude (ESS), weighing into a takeover battle for the hospital business of the indebted Espirito Santo family-Reuters.Fosun bid 4.72 euro per share through its Portuguese subsidiary Fidelidade, Fosun said in a statement, trumping earlier bids from Portuguese healthcare firm Jose de Mello Saude and Mexico's Grupo Angeles.The latter bid 4.5 euros per share earlier this week.Fosun, China's answer to Warren Buffet's Berkshire Hathaway Inc, has been increasingly active on the global stage, snapping up Portuguese insurer Caixa Seguros e Saude in Jan. and upping a bid for holiday group Club Mediterranee SA this month.Fosun is also looking to boost its private healthcare business, a growing area in China as the government looks to open the sector up to private capital.ESS owns hospitals, clinics and elderly care homes around Portugal.ESS is 51 percent owned by the beleaguered Espirito Santo family, whose main holding companies need to sell assets after filing for creditor protection in July under a mountain of debt.The takeover battle has helped drive ESS's shares up 51.6 percent this year, far outflanking the wider market.

Aurora Diagnostics reaches agreement to acquire Arizona Dermatopathology

Monday, 22 Sep 2014 02:04pm EDT

Aurora Diagnostics Inc:Reaches an agreement to acquire Arizona Dermatopathology in Scottsdale, Arizona.Acquisition will provide Aurora with its first Arizona-based lab.Terms of the transactions were not disclosed.

Mexican group Angeles raises offer price for Espirito Santo Saude SGPS SA-XINHUN

Monday, 22 Sep 2014 11:45am EDT

Espirito Santo Saude SGPS SA:Mexican group Angeles has raised its offer for Portuguese private healthcare group Espirito Santo Saude SGPS SA (ES Saude) to 4.5 euros ($5.78 dollars) per share in response to a counter offer from Portuguese group Jose de Mello Saude, Angeles said in a statement-XINHUN.Angeles' initial offer for ES Saude was of 4.3 euros per share and the main condition of the offer was securing at least 50.1 percent of the company.According to local press reports, ES Saude's local rival Jose de Mello Saude is considering raising its own offer for the company.Espirito Santo Saude is 51-percent-owned by the beleaguered Luxembourg-based Espirito Santo Group, which filed for creditor protection in July following detection of accounting irregularities.The Espirito Santo Group's financial woes led to a state-backed 3.9 billion euros bailout of its Portuguese banking arm Banco Espirito Santo in Aug.The Jose de Mello Saude Group operates 14 private healthcare facilities in Portugal, including five hospitals, as well as managing two public hospitals under a public-private partnership.All takeover bids for ES Saude require approval by the Portuguese competition authority, the Portuguese Ministry of Health and Luxembourg authorities.

CVS Group PLC proposes final dividend

Friday, 19 Sep 2014 02:01am EDT

CVS Group PLC:Proposes final dividend of 2.5 pence per share, payable on Dec. 22 to shareholders on register at the close of business on Dec. 5.

IPC The Hospitalist Company Inc announces acquisition of Clyo Internal Medicine in Ohio

Thursday, 18 Sep 2014 08:01am EDT

IPC The Hospitalist Company Inc:Announced that it is further expanding its presence in post-acute care in southwest Ohio with the acquisition of Clyo Internal Medicine in Dayton.

Indraprastha Medical Corp Ltd's chairman resigns

Thursday, 18 Sep 2014 06:56am EDT

Indraprastha Medical Corp Ltd:Says S. K. Srivastava has resigned from the post of director / chairman of the company with effect from Sept. 15, consequent upon his transfer from the office of Chief Secretary, Govt. of NCT of Delhi.

NICHII GAKKAN CO announces change of president

Thursday, 18 Sep 2014 04:00am EDT

NICHII GAKKAN CO:Announces Masatoshi Saito to retire from president.Appoints chairman Akihiko Terada as president to replace Masatoshi Saito.Effective Oct. 1.

Charm Care Corp to sell property and expects extraordinary profit for FY 2015

Thursday, 18 Sep 2014 02:10am EDT

Charm Care Corp:To sell a real estate located in Osaka, to POPURA, effective planned on Sep. 30.Transaction amount is not disclosed.Expected extraordinary profit of about 58.376 mln yen for FY ending June 2015, and recorded as gain on selling of fixed assets.


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