Healthcare Facilities & Services

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LHC Group to acquire Life Care Home Health

Tuesday, 15 Jul 2014 07:00am EDT

LHC Group Inc:Signs definitive asset purchase agreement with Life Care Home Health, Inc. and its operating subsidiaries, to purchase 14 home health agencies across seven states for $10 mln in cash.Transaction will increase LHC Group's geographical footprint to 352 locations across 30 states.

Korian Deutschland intends intra-group merger of Curanum AG

Tuesday, 15 Jul 2014 06:41am EDT

Curanum AG:Says Korian Deutschland AG announces intention for an intra-group merger whereby Curanum AG will be merged into Korian Deutschland.Says Korian Deutschland AG announces request that merger squeeze-out of minority shareholders be implemented.

Kindred Healthcare Inc increases all-cash tender offer for Gentiva Health Services Inc to $16 per share

Monday, 14 Jul 2014 07:30am EDT

Kindred Healthcare Inc:Says it has amended its previously announced all-cash tender offer to acquire all of the outstanding shares of common stock of Gentiva Health Services, Inc. together with the associated preferred share purchase rights.Under the amended offer, Kindred will seek to purchase 14.9% of Gentiva's outstanding shares at an increased offer price of $16.00 per share in cash.Says amended offer is conditioned upon, among other things, a minimum of 5,489,914 shares being tendered in offer and not withdrawn (which represent, together with shares already owned by Kindred, 14.9 pct of Gentiva's outstanding shares).Says also clearance of proposed transaction under Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.Says if the offer is oversubscribed, Kindred will purchase the tendered shares on a pro rata basis.

Kindred Healthcare Inc increases all-cash tender offer for Gentiva Health Services Inc to $16 per share

Monday, 14 Jul 2014 07:30am EDT

Kindred Healthcare Inc:Says it has amended its previously announced all-cash tender offer to acquire all of the outstanding shares of common stock of Gentiva Health Services, Inc. together with the associated preferred share purchase rights.Under the amended offer, Kindred will seek to purchase 14.9% of Gentiva's outstanding shares at an increased offer price of $16.00 per share in cash.Says amended offer is conditioned upon, among other things, a minimum of 5,489,914 shares being tendered in offer and not withdrawn (which represent, together with shares already owned by Kindred, 14.9 pct of Gentiva's outstanding shares).Says also clearance of proposed transaction under Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.Says if the offer is oversubscribed, Kindred will purchase the tendered shares on a pro rata basis.

Community Health Systems Inc announces definitive agreement to acquire Natchez, Mississippi Hospital

Friday, 11 Jul 2014 06:00pm EDT

Community Health Systems Inc:Says subsidiaries of company have executed definitive agreement to acquire substantially all of assets of 179-bed Natchez Regional Medical Center in Natchez, Mississippi.Natchez Regional Medical Center voluntarily filed for Chapter 9 bankruptcy in March 2014.Definitive agreement is subject to approval of the bankruptcy court and an auction of Natchez Regional Medical Center.Through its affiliates, Community Health Systems currently operates 12 affiliated hospitals in Mississippi, including Natchez Community Hospital.

Aviv REIT announces $94 mln acquisition

Thursday, 10 Jul 2014 04:05pm EDT

Aviv REIT Inc:Acquires two assisted living facilities (ALFs) and one post-acute and long-term care skilled nursing facility (SNF) for $82.0 mln, and two parcels of land and the entitlements for the construction of two new ALFs and a 50 unit addition to one of the existing ALFs for $12.2 mln.For a total of $94.2 mln.Acquisition includes a 126 unit ALF and a 72 unit SNF located in West Yarmouth, MA, which is in the center of Cape Cod, and a 93 unit ALF located in Weston, MA, an affluent suburb of Boston.New Construction Projects, which are more specifically described below, include two ALFs in West Yarmouth and an ALF in Brewster, MA, also located on Cape Cod.

NeoGenomics Inc completes acquisition of Path Logic

Tuesday, 8 Jul 2014 04:38pm EDT

NeoGenomics Inc:Acquires Path Labs, LLC d/b/a Path Logic.Path Logic is a provider of specialized anatomic pathology services to Hospitals and physicians in Northern California.Acquisition purchase price was $6.0 million.Logic will operate as a wholly-owned subsidiary of NeoGenomics to provide specialized anatomic pathology services for NeoGenomics' clinical trials and pathology clients across the country.

Ensign Group acquires Washington skilled nursing facility

Monday, 7 Jul 2014 11:33am EDT

Ensign Group Inc:Announces that it acquired Beacon Hill Rehabilitation, a 67-bed skilled nursing facility in Longview, Washington.Acquisition was effective July 1.

NICHII GAKKAN CO Hong Kong-based subsidiary to acquire 10 China-based company

Sunday, 6 Jul 2014 08:00pm EDT

NICHII GAKKAN CO:Hong Kong-based subsidiary to acquire 10 China-based company, under cooperation agreement with a institution governed by Ministry of Civil Affairs, disclosed on July 1.Says 10 companies located in Beijing, Chongqing, Liaoning and Guangdong respectively, and have been engaged in old-age care and long-term care services know-how related business.Hong Kong-based subsidiary to acquire a 50.8 pct stake in 7 Guangdong-based companies respectively, a 51 pct stake in 2 companies based in Chongqing and Liaoning respectively and a 66.7 stake in Beijing-based company, increased from 0 stake of them.Says to acquire at price of 59,295,000 yuan or 978,367,000 yen in total.Effective in middle of July.

Q & M Dental Group (Singapore) Ltd announces completion of proposed acquisition of 60 pct stake in Aoxin Stomatology Group

Sunday, 6 Jul 2014 07:47pm EDT

Q & M Dental Group (Singapore) Ltd:Refers to previous announcements made on July. 30, 2013, Dec. 3, 2013 and Feb.12 regarding proposed acquisition of 60 pct stake in Aoxin Stomatology Group in Shenyang, China.Completion of proposed acquisition.Parties have also agreed that the company shall withhold 46 mln Yuan(26 mln Yuan in cash and 20 mln Yuan worth of the Company’s shares, about S$9.2 mln in total) one out of total consideration of 108 mln Yuan (about S$21.6 mln) subject to Aoxin fulfilling certain ancillary conditions.Parties have agreed that profit guarantee for year 2014 shall be prorated to reflect that the profit guarantee shall commence from July 1 and Profit Guarantee Period remains as 12 years starting from July 1 and have executed necessary agreements to give effect to this change.Says will make further announcements of material information at the appropriate junctures.

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