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]

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]

09-Nov-16 FairMedOnline, a digital healthcare company based in Singapore offering medical second opinions for patients across the world, has acquired the medical tourism platform Caremondo. Caremondo allows patients to compare and book medical, dental and aesthetic treatments in 160 healthcare facilities in over 20 countries. [image: Travel Daily News]

31-Oct-16 Ramsay Sime Darby Healthcare, having earlier this year cancelled a partnership deal with Jinxin Healthcare in Chengdu, now wants to partner other hospital chains in China. "We can borrow up to RM2 bn (USD449 mn) for new partnerships, including the hospital chains in China. We are initiating due diligence soon," said group CEO Bronte Kumm. [image: Sairien Nafis]

26-Oct-16 Columbia China is reopening the 232-bed Shanghai Kaiyuan Orthopedic Hospital, after spending USD75 mn to acquire and retrofit it. Columbia China plans to expand through acquisitions and greenfield projects. “Shanghai Kaiyuan Orthopedic Hospital is positioned to be the Orthopedic Center of Excellence in joint, spine, minimally invasive surgeries and sports medicine,” said Bee Lan Tan, President of Columbia China. [image: Columbia China]