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New Deal


Announced

CITIC completed a $100m investment into Meizhong Jiahe Hospital Management.

Financials

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Transaction Value£81m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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China

Friendly

Acquisition

Private

Single Bidder

Minority

Medical Services

management services

Completed

Synopsis

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CITIC Industrial Investment, a subsidiary of CITIC Securities, completed a $100m investment into Meizhong Jiahe Hospital Management, a management services provider to hospitals and a subsidiary of Concord Medical Group. “We are excited and honored to have such a strong partner to make a significant investment in Meizhong Jiahe, which can support the opening of our Guangzhou Cancer Hospital this year and the operation of our other medical institutions,” Jianyu Yang, Meizhong Jiahe Hospital Management Chairman and CEO.

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