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Mitsui to join KKR as an investor in Panasonic Healthcare

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18-Nov-16 Mitsui, one of Japan’s largest corporations, and investment firm KKR have announced the signing of a share purchase agreement for 22% of Panasonic Healthcare for JPY54.1 bn (USD510 mn). Panasonic Healthcare develops, manufactures, and sells blood glucose monitoring systems for diabetes. In Jan-16 it acquired Ascensia, formerly the diabetes care unit of Bayer. [image: Panasonic]

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Zulekha Healthcare launches multi-speciality hospital in India

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18-Nov-16 One of the UAE’s most prominent healthcare groups, Zulekha Healthcare, has expanded its reach to an international scale, opening a new hospital in Nagpur, India. Spanning an area of 225,000sqft, the 200-bed multi-speciality hospital provides international quality medical care across Cardiac Sciences, ENT, Orthopaedics, Neurosciences, Paediatrics, Internal Medicine, Urology, Nephrology, Gastroenterology, Endocrinology and Minimal Invasive Surgery. [image: Zawya]

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Malaysia's IHH sells 30% of unit to Chinese insurer

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14-Nov-16 IHH Healthcare, the largest Malaysia-based hospital operator by market capitalization, has divested a 29.9% stake in its indirectly held unit PCH Holding to Chinese firm TK Healthcare Investment. IHH's subsidiary, Parkway Group Healthcare will still hold a 70.1% stake in PCH Holding. PCH, formerly known as Parkway China Holding, holds a chain of clinics and hospitals in China. [image: IHH Healthcare]

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First combined hospital and trauma center for Philippines

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11-Nov-16 Brooklyn-based Carlos Arnaiz Architects has announced plans for a hospital and trauma center in Baler, Philippines. As the first combined Hospital and Trauma Center in the country, the project will improve medical support in this remote area. With a daily patient capacity of 75 people, it will feature maternity wards, imaging, operating rooms, a chapel and a café. [image: CAZA Architects]

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