Latest news with #healthcareinvestment
Zawya
6 days ago
- Business
- Zawya
UK-headquartered Addleshaw Goddard advises on $190mln investment in Egypt's Alameda
Cairo – International law firm Addleshaw Goddard, which is headquartered in London, has advised Egyptian private group Alameda Healthcare on its $190 million minority investment agreement with London-based private equity firm Development Partners International (DPI) and its co-investors. The transaction is structured primarily as a capital increase and is expected to close in the third quarter (Q3) of 2025, subject to customary regulatory approvals, according to a press release. The proceeds from the investment will be used to scale Alameda's hospital and outpatient network while investing in cutting-edge clinical technologies. In addition, the funding will be used to expand the healthcare group's centers of excellence in specialized medical fields such as cardiology, oncology, and liver disease. The proceeds will also support talent development initiatives aimed at retaining and upskilling Egyptian medical professionals and reversing brain drain from the sector. Meanwhile, the transaction further reinforces Addleshaw Goddard's position throughout the Middle East and Africa. The deal marks the largest private equity investment of its kind in Egypt's healthcare sector to date and represents a major milestone for both Alameda and DPI. It is worth mentioning that EFG Hermes acted as the sole M&A financial advisor on the signing of binding agreements for Alameda's deal with DPI. The transaction also enables Alameda to accelerate its strategic expansion across Egypt and into Gulf markets, further advancing its ambition to position Egypt as a regional hub for world-class healthcare. Partner and Head of Investment Management and Funds at Addleshaw Goddard MENA, Philip Dowsett, said: 'DPI's investment reflects growing global confidence in Egypt's healthcare infrastructure and Alameda's leadership position within it.' Dowsett noted: 'This deal also demonstrates our ability to advise on transformative cross-border investments that deliver regional impact.' Earlier in 2025, the healthcare entity teamed up with Talaat Moustafa Group Holding Company (TMG Holding) through a strategic partnership to develop premium-quality medical and healthcare services for an EGP 5 billion hospital in Madinaty.
Wall Street Journal
07-07-2025
- Business
- Wall Street Journal
KKR Fails to Get Any Acceptances for $2.32 Billion Assura Takeover Bid
Private-equity firm KKR KKR 3.03%increase; green up pointing triangle said it hasn't received any acceptances for its 1.70 billion-pound ($2.32 billion) takeover bid for U.K. healthcare-property investor Assura by Friday. KKR–which currently owns 164.5 million Assura shares, or 5.06% of its issued share capital–said Monday that its offer is open until 1200 GMT on Aug. 12, and encouraged Assura shareholders to accept it as soon as possible.
Bloomberg
07-07-2025
- Business
- Bloomberg
FTSE 100 Live: UK Stocks Dip, Pound Slips Closer to $1.36
Here's a roundup of other companies reporting earnings today: Plus500: The online trading platform saw a slight dip in new customers during the first half, but its board remains confident in the outlook for 2025. Ferrexpo: The Ukraine-based iron ore miner said it has cut working time for employees in order to lower its costs to remain financially viable. Primary Health: The health care property investor reported a rise in net rental income for the first half, and said it sees a 'very encouraging outlook' ahead.
Yahoo
04-07-2025
- Business
- Yahoo
Citizens JMP Maintains Market Perform Rating on Omega Healthcare (OHI)
Omega Healthcare Investors, Inc. (NYSE:OHI) is one of the most undervalued stocks. On June 9, Citizens JMP maintained a Market Perform rating on Omega Healthcare. The decision reflects improving fundamentals, including expanding coverage ratios and more favorable Medicaid trends in priority regions. Omega Healthcare is benefitting from favorable momentum, analysts observed, citing a senior housing operator's improving operational performance. In light of positive developments, analysts still point to unresolved issues tied to PACS Group, Omega Healthcare's fifth-largest operator. The group is facing scrutiny over potential billing violations, which could pose risks for the company. Analysts believe the matter may take years to resolve, though rent flows are likely to continue in the interim. A modern REIT investment portfolio board and its financial documents with a bold headline. According to analysts, the issues surrounding PACS Group may encourage Omega Healthcare Investors, Inc. (NYSE:OHI) to adopt a strategic acquisition plan focused on accelerating FFO growth and minimizing exposure to the troubled operator, thereby reducing overall risk. Omega Healthcare is a real estate investment trust that supports the long-term healthcare sector by funding skilled nursing and assisted living facilities in the United States and the United Kingdom. While we acknowledge the potential of OHI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
11-06-2025
- Business
- Zawya
KKR-Stonepeak raise bid in battle for UK's Assura to $2.3bln
Private equity firms KKR and Stonepeak Partners raised their offer for Britain's Assura on Wednesday to almost 1.7 billion pounds ($2.3 billion), topping a rival bid with their "best and final" offer for the healthcare real estate investor. The 52.1 pence a share offer, including dividends, trumps the 51.7 pence proposed by rival suitor Primary Health Properties last month. It represents a more than 39% premium to Assura's closing price on February 13, the day before KKR and Stonepeak's first approach. The stock has soared 32% since then, giving Assura a market capitalization of 1.6 billion pounds as of Tuesday. Assura manages over 600 healthcare properties with an investment value exceeding 3 billion pounds, and counts Britain's state-backed National Health Service as a customer. It joins a growing list of UK companies being bought out by overseas private equity firms or investment companies, attracted by comparatively cheap valuations. The latest all-cash offer "is lower risk than other alternatives" and requires no divestment, KKR Managing Director Andrew Furze said in a statement. In April, Assura had backed KKR-Stonepeak's previous cash offer, prompting a higher bid from PHP last month. Some analysts had said PHP's offer was more attractive as it comprised cash and stock, and provided ownership of social healthcare assets via a public limited company listed in the UK. PHP did not immediately respond to a request for comment. ($1 = 0.7415 pounds)
