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Medicover acquires holding in Polish private hospital operator Centrum Medyczne Damiana.

NORDIC BUSINESS REPORT-16 February 2006-Medicover acquires holding in Polish private hospital operator Centrum Medyczne Damiana(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

The Sweden-based international healthcare provider Medicover said on Thursday (16 February) that it had acquired just under 40% of the share capital of the Polish private hospital operator Centrum Medyczne Damiana.

The purchase price was EUR2.2m in cash.

Centrum Medyczne Damiana operates hospital and outpatient facilities in Warsaw and reported revenues of approximately EUR10m in 2005.

One euro (EUR) is worth approximately 0.68 British pounds (GBP).

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Publication:Nordic Business Report
Article Type:Brief Article
Geographic Code:4EXPO
Date:Feb 16, 2006
Words:104
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