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Bupa acquires Turkey’s second largest health insurer

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20-Jan-19 Bupa has acquired Turkish company Acıbadem Sigorta, a specialist health insurance provider with both corporate and individual customers, headquartered in Istanbul, with over 500 employees, covering 600,000 customers and gross written premiums of TRY913 mn (USD173 mn). [image: Bupa Newsroom]

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AXA to pay USD662 mn for full control of China joint venture

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27-Nov-18 French insurer AXA will pay USD662 mn for the remaining 50% stake in its Chinese joint venture, making it the second insurer in three days to announce plans for a wholly-owned company in mainland China, after Allianz. [image: Reuters / South China Morning Post]

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Amazon to pick up 9.5% stake in Indian offline retailer

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06-Nov-18 Close on the heels of Walmart acquiring Indian e-commerce firm Flipkart, Amazon is cutting deals with offline retailers in India. Its investment arm is set to pick up a 9.5% stake in Future Retail for INR25 bn (USD346 mn). [image: Amazon / Asia Times]

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Candy rush for China’s electronics giant

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01-Oct-18 Candy, the Italian family-owned appliance manufacturer is in the news after being sold to Chinese electronics giant Haier, based in the Shandong port city of Qingdao, for EUR475 mn, as Haier looks to crack the European market. [image: Candy]

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Foreign investors put high hope on Vietnam’s healthcare sector

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08-Sep-18 Foreign investors are keen on Vietnam healthcare as they seek to tap into spending on private services. VinaCapital will invest USD25 mn in hospital operator Tam Tri Medical, while Korea’s Sun Medical Center earlier acquired Nha Khoa My dental clinics. [image: Vietnam Net]

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