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Asian American buys stake in China's Rich Tree Land

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12-Aug-15 Singapore-based Asian American Medical Group Limited (AAMG) said it has acquired a 60% stake, valued at SGD19.6 million, in Rich Tree Land Pte Ltd, for the development of an advanced diagnostic and wellness medical centre in Zhuhai, southern China. [image: Asian American Medical Group]

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Parkway buys majority stake in India’s Global Hospitals

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05-Aug-15 Malaysia's IHH Healthcare Bhd, through its wholly-owned subsidiary Parkway Holdings, is reported to have acquired a 74% stake in Hyderabad-based Global Hospitals Group for an equity value of INR1,800 crore (USD277 mn). in March 2015 IHH acquired a 51% stake in Hyderabad-based Continental Hospitals. It also already owns a 10.5% stake in India’s Apollo Hospitals. [image: IHH Healthcare Berhad]

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ResMed to acquire China's Curative Medical

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31-Jul-15 Sleep disorder device supplier ResMed has signed a definitive agreement to acquire its Chinese counterpart Curative Medical. The announcement follows ResMed’s acquisition of CareTouch, a provider of internet-based solutions and therapy-focused resupply programs for home medical equipment providers, earlier in July. [image: ResMed]

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Stryker to buy Turkish bed maker Muka

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20-Jul-15 Stryker Corporation has announced a definitive agreement to acquire Muka Metal in an all cash transaction. Muka, headquartered in Kayseri, Turkey, sells hospital beds, stretchers and related patient room furniture and accessories in Turkey and globally. [image: Stryker Corporation]

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Malaysian hospital group buying Japanese nursing homes

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17-Mar-15 Malaysian hospital operator IHH Healthcare announced that subsidiary Parkway Life Real Estate Investment Trust is acquiring five nursing homes in Japan for 5.97 billion yen (USD49.5 million). The five facilities are being acquired from Japan's UBI. [image: Singapore Trading Online]

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